March 26: Musk, who has 80 million fans on Twitter and is active on the site, said he seriously contemplates building an option for Twitter, wondering about free speech on the platform and whether Twitter is undermining democracy.
April 2. 4: A regulatory filing shows Musk is temporarily Twitter’s largest shareholder after taking a 9 percent stake, or 73. 5 million shares, worth about $3 billion.
April 3. 5: Musk gets a seat on Twitter’s board of directors. CEO Parag Agrawal said in a tweet that “it is clear to us that he will bring great value to our board. “
April 4. 11: Twitter CEO Parag Agrawal announces that Musk will ultimately not join the board.
April 5. 14: Twitter on a stock deposit that Musk filed to buy the company for about $44 billion.
April 6. 15: Twitter’s board of trustees unanimously adopts a “poison pill” defense in reaction to Musk’s offer, in an attempt to thwart a hostile takeover.
April 7. 21: Musk raises $46. 5 billion in investment to buy Twitter. Twitter’s board of directors is under pressure to negotiate.
April 25: Musk makes a deal to buy Twitter for $44 billion and privatize the company. The Frankish billionaire said he needs to own and privatize Twitter because he believes it doesn’t live up to his perspective as a platform for loose speech.
April 9. 29: Musk sells about $8. 5 billion in Tesla inventory to fund the Twitter acquisition, according to regulatory filings.
May 10. 5: Musk bolsters his Twitter takeover bid with more than $7 billion in commitments to a diverse organization of investors, Silicon Valley heavyweights like Oracle co-founder Larry Ellison.
May 11:10: On a trail of how he would replace Twitter, Musk says he would overturn former President Donald Trump’s Twitter ban in the wake of the Jan. 6, 2021, uprising on Capitol Hill, calling the ban “a moral decision” and “foolish. “at the end. “
Friday, May 13: Musk said his plan to buy Twitter was “temporarily suspended. “Musk said he needed to identify the amount of spam and fake accounts on the social media platform. Twitter shares are falling, while Tesla shares are rallying strongly.