Ownership record
Who owns X (formerly Twitter)?
X, the platform formerly called Twitter, is owned by Elon Musk. He took the company private in October 2022 at $54.20 a share, a deal valued at about $44bn, and folded it into a holding company he controls.
The short answer
- OwnerElon Musk
- Owner isfounder of Tesla and SpaceX
- Owned since2022
- Previous ownerTwitter, Inc. public shareholders
- Reported consideration44,000,000,000 US dollars
- Assetthe social network launched as Twitter in 2006
How the deal was structured
The purchase mixed Musk's own equity, co-investors including sovereign and crypto funds, and roughly $13bn of bank debt that sits on the platform's balance sheet rather than Musk's. Tesla stock sales in 2021 and 2022 funded much of the equity slice.
On the money trail board this sits as a 2022 movement of $44.0B between Wilmington and San Francisco, sourced to Wikipedia. Open the full ledger entry.
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