What Does A Musk Owned Twitter Look Like?

What Does A Musk Owned Twitter Look Like?

On Monday 25th April, Twitter announced that it had accepted Elon Musk’s bid to acquire the company for 44 billion dollars. Unsurprisingly, Twitter’s stock rose 5.9% to $51.79.

While this has produced mixed reactions around the world, the future of Twitter remains unknown. It’s expected that Twitter’s first-quarter earnings will be disappointing, highlighting the welcomed bid from Musk.

But what does Elon Musk’s takeover of Twitter mean for shareholders and those looking to purchase Twitter stock? Keep reading on to find out more.

Plans To Privatise Twitter

Elon Musk has publicly announced his desire to make Twitter private.

As it stands, Twitter is a publicly-traded company on the New York Stock Exchange. If and when Musk makes Twitter officially private, people won’t have the ability to purchase any more shares.

Even though a deal has been struck with Musk, you can still purchase Twitter stock before the deal is officially finalised.

Should You Buy Twitter Stock?

The future of Twitter is unknown. If you were to go and seek out Twitter stock today, you can pay approximately $50 for a very small chunk of the social media powerhouse.

While the deal is being finalised, it’s expected that the share price will become volatile.

There’s no official way to know when the deal will be finished, so if you’re looking to purchase Twitter stock, you better get in there soon.

What Will Change About Twitter?

While we already know that Elon Musk wants to make Twitter private, how else is he planning on transforming the 16-year-old social media company?

Musk has always been an avid Twitter user and has publicly commented on the potential of the company.

Issues such as freedom of speech, spambots and new features all come into play – but there’s no telling how the public will react to his changes.

While Musk has a large number of loyal followers, he also has a large number of people who aren’t his biggest fan.

Choosing to buy Twitter stock is definitely a risky move, but an exciting one, too.

Buy Twitter Stock Soon

Whether you love him or hate him, the future of Twitter is Elon Musk. If you’re looking to get involved before the company goes private, you should think about purchasing stock as soon as possible. Once the deal is finalised, your opportunity will be gone!