Elon Musk net worth

ELON MUSK has used his extraordinary wealth to complete a multi-billion pound takeover of Twitter. But exactly what is his net worth?

On Monday Elon Musk to assume control of the social networking site. Mr Musk grew up in South Africa until he moved to Canada aged 17. Mr Musk is expected to oversee a number of changes to Twitter including the eradication of fake accounts. Three hints for Wordle 310 [INSIGHT] In a statement he said: “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. He then transferred to the University of Pennsylvania as a student and has since settled in the US.

In 2021, Elon Musk, Tesla CEO, claimed the title of richest man of the world, passing Amazon founder Jeff Bezos. Here is what to know about Musk.

But outside of his ambitious projects, Musk is almost as known for his polarizing online persona. His father, Errol Musk, is an engineer. He was also married to English actress Talulah Riley from 2010 to 2016. Musk is a South-Africa-born billionaire entrepreneur who serves as CEO of Tesla, the popular electric vehicle manufacturer, and SpaceX. Musk made an early fortune founding PayPal in 1999. On April 4, Musk became the company’s largest shareholder and backed out at the last minute from an agreement to join Twitter’s board of directors. Musk’s admirers herald him as a visionary thrusting the world into the future.

Elon Musk paid $44 billion for Twitter. Next up: Making Twitter worth (at least) $44 billion. By Peter Kafka Apr 25, 2022, 5:28pm ...

Think of it as a white-label Twitter that Twitter sells to people who want to make their own Twitter: Maybe you want to run a Twitter service that only focuses on long-haired Persian cats and their owners, and your friend wants to run one dedicated to ivermectin fans: You buy the data from Twitter and present it any way you like. His Twitter deal is partially financed with debt from banks, which will eventually want their money back; some of the debt is also linked to his Tesla shares, and Tesla stock is both volatile and very, very highly valued. And simply running Twitter as a nonprofit for what he describes as the greater good isn’t an option. Like, Twitter, says tech commentator Ben Thompson, who argues that Twitter should just focus on running Twitter — the service that displays your tweets around the world in real time — and then license access to that to anyone who wants to build a business around it, however they’d like. “Some form of pay-to-tweet.” You don’t charge anyone to read Twitter — just to make Twitter. Maybe it’s a single price, maybe it scales up based on reach. So advertisers should be clamoring to reach us, the influential people.” But advertisers are not buying it: They prefer to go where they can reach a lot of people at once. On the other hand, you can imagine scenarios where people who have a lot of money tweet a lot of dumb stuff, because. (And don’t bother arguing that there is a horde of conservative/free thinker users who will flood back to Twitter if Elon makes it more inviting for them: If there were, Donald Trump’s Truth Social would be booming, not a ghost town.) And while advertisers are newly interested in spending money on “influencers” on social media who can promote their stuff to their followers, those influencers don’t hang out on Twitter — they’re on YouTube, Instagram, and TikTok. (Which is one of the reasons the company stopped reporting its monthly user numbers back in 2019.) The conclusion, from just about every Twitter person I’ve ever talked to: Everyone knows what Twitter is, and the ones who want to use it, do. And he, and the people who are helping him finance the deal, would presumably like it to be worth even more. Eleven days ago, you told the world you wanted to buy Twitter for $43 billion, which generated some … skepticism.