Elon Musk Plans to Take Twitter Public Again

0 15

The Tesla chief says he could stage an initial public offering for the social-media company within three years of its acquisition.

Source : original article from WSJ

Elon Musk, who has agreed to take Twitter Inc. TWTR -0.56%▼ private in a $44 billion deal, has told potential investors he could return the social-media company to public ownership after just a few years.

Mr. Musk said he plans to stage an initial public offering of Twitter in as little as three years of buying it, according to people familiar with the matter. The deal is expected to close later this year, subject to conditions including the approval of Twitter shareholders and regulators, the company has said.

Continue Reading

 107 total views,  2 views today

Leave A Reply

Your email address will not be published.

Generated by Feedzy