<ul><li>Elon Musk revealed he had quietly amassed a 9.2% stake in Twitter, making him the largest individual shareholder.</li><li>He declined the offer to join Twitter's board of directors and made an offer to buy the company for $44 billion.</li><li>Twitter’s executives and legal team began exploring ways to fend off Musk's advances.</li><li>Musk secured $46.5 billion in financing to fund the takeover, including $21 billion of his own money.</li><li>Musk began to express concerns about Twitter's data on spam bots.</li><li>Twitter's board took the unprecedented step of suing Musk in Delaware’s Court of Chancery on July 12, 2022.</li><li>On October 4, 2022, Musk announced that he would proceed with the acquisition after all.</li><li>Once Musk took control of Twitter, he fired several top executives and dissolved the board of directors.</li><li>Critics argue that Musk's vision of a more open, less moderated Twitter is leading to an increase in hate speech, disinformation, and harassment.</li><li>Elon Musk’s acquisition of Twitter has reshaped the platform in ways no one could have predicted.</li></ul>

The story of Elon Musk buying Twitter (Best Startup Dramas 2024)

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