NewsyList

Speaking after the confirmation that he will buy Twitter, Elon Musk revealed that he plans to launch a new app

Speaking after learning of the purchase of Twitter, Elon Musk revealed plans to launch a new app (REUTERS)

After confirming this Tuesday that, finally, Twitter buyout will happen On the part of Elon Musk, the richest man in the world wrote a message on his account on the social network where he will give a hint of his future plans with her.

Buy Twitter is an accelerator to create X, the app of everything”, he wrote today, generating a series of theories about his next move.

One user replied to the tweet saying he thought it would have been easier to start X from scratch, to which Musk replied that “Twitter accelerates X probably from 3 to 5 yearsbut I could be wrong.” This only cast more doubt on the future of the social network.

Elon Musk's tweet after buying Twitter
Elon Musk’s tweet after buying Twitter

Musk is the domain owner X.com, which was born with the creation of the online bank he co-founded in 1999. In the early 2000s, it merged with PayPal and years later, in 2017, Musk bought it back. However, when you try to access the site today, the only thing that can be seen is a blank page with an “x”.

However, this would not be the first time that Musk referred to the domain as a social network. Last August 9 Another Twitter user asked him if he had any plans to create his own platform of this style, to which he replied very directly “x.com”.

It is believed that it will be a page with fewer restrictions on contenttogether with a message encryption and, as he already noted on Twitter, it would boost verification of accounts to avoid clash.

See also  Why Chinese cars will create big problems for Russian buyers

What is clear at this point is that the new owner of Twitter likes the letter “x”: it is present in his space company SpaceXin the name of his son X Æ A-12 and in the Tesla Model X SUV.

Eventually, Musk will buy Twitter

This Tuesday it was confirmed that, finally, the agreement between the richest man in the world and one of the most popular social networks will be closed. The transaction will for $44 billion, as initially agreed. This represents a value of $54.20 per share.

The advances come from a letter Tesla’s CEO sent to the company and to the US Securities and Exchange Commission (SEC his acronym in English) and takes place days before the start of a trial which, experts say, would have been unfavorable to him.

    The transaction for the purchase of Twitter will be for 44,000 million dollars
The transaction for the purchase of Twitter will be for 44,000 million dollars

Musk was next Oct. 17 before Delaware authorities after the claim made by Twitter, asking the tycoon to go ahead with the purchase. Both parties agreed to acquire the company, but then the billionaire withdrawn to the transaction, arguing that it found a material breach of several terms of the agreement, including the number of false accounts recorded by the company.

According to Eric Talley, a professor at Columbia University, explained that he did not find the recent change in the CEO’s position strange, as “legally his case was not very strong. It seemed like a typical buyer’s remorse scenario.” In addition, he added that if he lost the case, he would see not only to finalize the purchase, but also the payment of interest which would have increased the price.

See also  Oil prices continue to rise slightly - Agefi

Although still the date on which the agreement will be executed is unknown, It seems that Elon Musk already has everything his armed plans and a future clearly outlined for the application.

KEEP READING:

Ukraine’s harsh response to Elon Musk for his outrageous “peace proposal”
Despite Elon Musk’s announcement, Twitter has ensured that the richest man in the world must complete the purchase of the social network
A bad and a good one for Elon Musk: they would force him to buy Twitter for USD 44,000 million and he offered “Optimus”, Tesla’s humanoid robot.

Share:

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Social Media

Most Popular

On Key

Related Posts