5 October 2022 | Other

Elon Musk is ready to buy Twitter

American entrepreneur Elon Musk has expressed his willingness to continue negotiations on his offer to buy Twitter Inc for $44 billion, thus taking the company private.

The Tesla Inc CEO will lead the company, which he originally intended to buy in April. Musk tweeted Tuesday night that buying Twitter would accelerate his ambition to create an "app for everything" called X.

In June, he had already spoken to Twitter employees about creating a "super app" as a platform for various apps and features. An example of such an app is WeChat, which is popular in China. The entrepreneur also wants to add money-transfer capabilities to the "super app.

Since Twitter has already received shareholder support for the sale to Musk, the deal could be closed quickly in the coming weeks if both sides agree to the initial terms.

Company MarketCheese
Period: 24.08.2026 Expectation: 700 pips
Invest in AUDCAD up to 0.99000
24 July 2026 25
Period: 31.07.2026 Expectation: 1700 pips
GBPUSD might keep falling towards lower boundary of descending triangle
24 July 2026 29
Period: 24.08.2026 Expectation: 4200 pips
Buying USDCAD ahead of Fed meeting
24 July 2026 26
Period: 31.08.2026 Expectation: 200 pips
Invest in EURUSD with 1.1400 in sight
24 July 2026 16
Period: 31.07.2026 Expectation: 755 pips
Brent crude is trading at multi‑month peaks
24 July 2026 37
Gold buy
Period: 23.08.2026 Expectation: 300 pips
Buying gold up to $4,400
23 July 2026 74
Go to forecasts