Elon Musk: Meet world’s richest man bidding to take over Twitter - News Summed Up

Elon Musk: Meet world’s richest man bidding to take over Twitter


Two decades after banking his first millions, the South-African born Elon Musk last year became the world’s richest person – wresting the title from Amazon’s Jeff Bezos – following the meteoric rise of Tesla, his electric automaker founded in 2003. Before announcing his hostile Twitter takeover bid, Musk had declined a board seat after purchasing 73.5 million shares – or 9.2 percent – of Twitter‘s common stock. Social media presenceThe world’s richest man has more than 80 million followers on the microblogging platform, Twitter, where he gleefully fires tweets . Although he is already the world’s richest person, he could also become the first member of the four-comma club, according to reports. According to The Guardian, analysts at Morgan Stanley have predicted that Musk could become the world’s first trillionaire — largely thanks to his aerospace company SpaceX.


Source: Punch April 14, 2022 23:29 UTC



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