Elon Musk finally bought Twitter after months of court drama, media drama, and boardroom drama.
This is how he got there.
He proposes calling the site Pravda.
April 4, 2022
Muskreveals he has acquired 9.2% of Twitter.
Musk broke the law by not revealing his stake once he crossed the 5% level.
April 5, 2022
Twitter appoints Musk to its board.
April 10, 2022
Muskdeclines to join Twitter’s board.
April 14, 2022
Musk launches a hostile takeover bid of Twitter.
May 13, 2022
Musk pauses the deal.
He complains Twitter has too many spam accounts, or bots.
Hecancels the deal to buy Twitter.
The court expedites the case.
July 29, 2022
Musk counter-sues Twitter, accusing the company of fraud over bot numbers.
October 4, 2022
Musk offers to buy Twitter again.
October 6, 2022
Musk asks the Delaware court to postpone Twitter’s case.
The court gives both parties a deadline of 28 October at 5pm to seal the deal.
October 26, 2022
Musk and Twitter seal the deal.
Musk walks into Twitter’s offices while carrying a sink.
The purchase is completed the next day, giving Musk sole ownership.
Musk changes his Twitter bio to “Chief Twit”.
Did Musk Overpay for Twitter?
By this logic, Musk might have overpaid for Twitter by up to almost $40 billion.
Was it worth it?
Only time will tell.
For better or worse, Twitter now belongs to Elon Musk.
