Tesla, SpaceX to Twitter, Elon Musk's growing universe
Earlier in April, Twitter had adopted a "poison pill" to protect itself from Elon Musk's $54.20 per share offer.
Twitter Inc is poised to accept billionaire Elon Musk's "best and final" $43 billion takeover offer, people familiar with the matter told Reuters on Monday.
This comes on the heels of Musk announcing that he had secured $46.5 billion in debt and equity financing for the deal.
Earlier in April, the social media company had adopted a "poison pill" to protect itself from Musk's $54.20 per share offer, which followed days after he had disclosed an over 9% stake.
The tech entrepreneur, whose net worth is nearly $300 billion according to Forbes, has founded, co-founded or is leading the following companies:
COMPANY NAME YEAR FOUNDED WHAT DOES IT DO?
The brain chip startup aims to connect humans and computers. In July last year, it said it had raised over $200 million from investors including Google Ventures.
The company designs and manufactures aerospace technology, and aims to land its rockets on Mars before 2030. It was valued at over $100 million, CNBC reported last year.
The Boring: 2017
The underground tunneling Company company aims to build hyperloops, an ultra-high-speed ground transportation system for passenger and cargo, to solve big city traffic problems.
Tesla Inc: 2003
The electric-car maker, which went public in 2010, is valued at more than $1 trillion, more than legacy automakers Ford and General Motors combined. Last year, Musk said the company will probably launch a "Tesla Bot" humanoid robot prototype in 2022, designed for dangerous, repetitive, or boring work that people don't like to do.
The fintech company went public Holdings Inc first in 2002, and was bought by eBay Inc for $1.5 billion soon after. It then went public again in 2015.
The tech entrepreneur's investments in other smaller startups:
Stripe Inc: 2010
The digital payments company was valued at $95 billion in a fundraising round last year. Reuters reported in July 2021 that Stripe hired a law firm in its first major step towards a stock market debut.
The artificial intelligence and robotics company, which has received over $250 million in funding, also counts Jeff Bezos and Mark Zuckerberg as its investors, according to its website.