
A timeline of Elon Musk's takeover of Twitter
BNN Bloomberg
Twitter users woke up April 4 and found the words “Elon” and “Elon Musk” trending on the site — not because the world’s richest, most-followed businessman had caused a stir with his futuristic companies, but because he’d disclosed a major stake in Twitter Inc.
Suddenly, Musk was Twitter’s largest individual shareholder, with more than nine per cent of the company, and speculation swirled about how he would influence the network’s future. He’d been frequently tweeting ideas for revamping the social media platform. Over the next week, Musk would accept an offer to join Twitter’s board of directors and, in a sudden reversal, reject that offer five days later, leaving the company’s management, employees, investors and interested observers guessing about his plans.
On April 25, Twitter and Musk said they’d reached an agreement for the billionaire to acquire the company and take it private. They expect the deal to close by the end of the year, and a lot could happen before then. As the news develops, here’s a look at what’s happened so far:
Jan. 31: Musk starts building his stake