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: 20.02.2026 Expectation: 1050 pips
AUDCAD correction may relieve technical tension before next leg up
Yesterday at 10:16 AM 27
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 20.02.2026 Expectation: 1130 pips
GBPUSD loses ground on lower expectations of Fed rate cuts
Yesterday at 08:07 AM 17
Gold buy
Period: 28.02.2026 Expectation: 12000 pips
Buying gold up to $5,100
Yesterday at 07:11 AM 36
Period: 19.02.2026 Expectation: 500 pips
Selling natural gas amid milder weather and higher production
12 February 2026 67
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 19.02.2026 Expectation: 18000 pips
Investing in ETHUSD on current slump before momentum picks up after selloff ends
12 February 2026 46
Period: 31.05.2026 Expectation: 2000 pips
Keep buying SPX
12 February 2026 39
Go to forecasts