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Elon Musk is buying Twitter for $44 billion. Is it just about free speech?

Apr 25, 2022
Social media giant OKs "unbelievably fast" deal with world's richest person. Many observers remain uncertain of what drove his decision.
Entrepreneur Elon Musk intends to add the global communications platform Twitter to his portfolio, which includes Tesla and SpaceX.
Maja Hitij/Getty Images

Elon Musk reaches $44 billion buyout deal with Twitter, aims to privatize the company

Apr 25, 2022
Elon Musk said he wanted to own and privatize Twitter because he thinks it’s not living up to its potential as a platform for free speech.
Twitter said the transaction was unanimously approved by its board of directors and is expected to close in 2022.
Justin Sullivan/Getty Images

Poison pills: Why companies use the self-defense strategy

Apr 15, 2022
Shareholder rights plans, as they are also known, are used to fend off takeovers, like Elon Musk's bid for Twitter.
To prevent Elon Musk from holding too much stake in Twitter, the board has enacted a "poison pill," giving other shareholders the opportunity to buy more shares in order to dilute Musk's power.
Win McNamee/Getty Images

The strategy behind adding Elon Musk to Twitter's board

Apr 6, 2022
Musk has been an avid user — and critic — of the social media platform for years. The brand could use some "shaking up," one analyst says.
Elon Musk has been a fierce critic of Twitter's approach to free speech.
Patrick Pleul/Pool/AFP via Getty Images

Concerned about fossil fuel use, Tesla will stop accepting Bitcoin for car payments

May 13, 2021
"We could have told him about Bitcoin and energy use. Why has Musk changed his mind now?"
Tesla CEO Elon Musk tweeted the news on Wednesday, citing environmental concerns.
Saul Martinez/Getty Images

Musk’s $100 million prize a complement to needed government climate action

Feb 12, 2021
The tech titan is running an innovation contest for carbon-removal technology. But it can only be a small part of the solution.
Elon Musk, the chief of Tesla and SpaceX, is sponsoring a contest with a big financial payoff, aimed at developing carbon-removal technology.
Maja Hitij/Getty Images

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Musk has also threatened to move his operation out of California altogether.
Philip Pacheco/AFP via Getty Images

Tesla's China factory could be a model for U.S. automakers

Dec 27, 2019
The electric vehicle company is avoiding steep import tariffs by building cars in Shanghai.
Elon Musk walks with Shanghai Mayor Ying Yong during the groundbreaking ceremony for a Tesla factory in the city in January.
STR/AFP via Getty Images

Threats against unionizing are on the rise — on Twitter

Oct 1, 2019
The founders of Tesla, Barstool Sports and the publisher of the Federalist have tweeted anti-union threats.
SpaceX CEO Elon Musk gives an update on the next-generation Starship spacecraft at the company's Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas.
Loren Elliott/Getty Images

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