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Amazing! Twitter sales are not the highest in history

Ramiro Guzman
4 min de lectura
Amazing! Twitter sales are not the highest in history – Business – WebMediums
Elon Musk became the largest shareholder of Twitter for a huge amount of money almost never seen before.

The billionaire Elon Musk, owner of Space X and Tesla, was not satisfied with it and went for more. Indeed, on April 26, the purchase of Twitter by him was unofficially known.

The news came just 3 weeks after Musk himself bought only part of the shares. At that time, "nothing else" disbursed the astronomical figure of 2,900 million dollars. However, that was "nothing" compared to what would come next.

Elon Musk buys Twitter for… 44 billion dollars!

Yes, 44 billion dollars or 44 billion dollars, was the exact amount that Twitter was sold for. All this after a timeline full of controversy in which, finally, the largest shareholders of the social network could not resist the offer.

As is well known, Elon Musk is one of the most influential personalities in humanity and, above all, on Twitter. Within its platform, it has more than 83 million followers and rising every day.

Musk is aware of the shortcomings of the little bird's social network, which is why it was his main reason for this move. In retrospect, he argues that Twitter has been filled with censorship, when, in reality, it should be a democratic and free expression media.

Amazing! Twitter sales are not the highest in history – Business – WebMediums
Elon Musk's popularity is unquestionable with over 80 million followers on Twitter by the end of 2020.

Speaking purely in digits, Twitter's board of directors will receive approximately more than $50 per common share at the time of the sale. Likewise, the pact is already closed and the business is about to proceed officially.

However, as unbelievable as it sounds, the amount of money wasted on this deal falls short of other transactions. Yes, the sale of Twitter is not the highest in history, although it may seem so.

Twitter sale is not the highest, but it is in the top 3

It is no secret to anyone that Elon Musk is the richest and most powerful man on the planet. Therefore, the purchase of Twitter was within its intrinsic possibilities.

However, the 44 billion dollars agreed upon are barely positioned in the top 3 of the highest technology sales in history. Of course, it was much more expensive than others like WhatsApp or LinkedID in its time.

So what could have been much more momentous than this fact? Next, you will know briefly.

The merger of DELL and EMC

In October 2015, Dell and EMC announced their merger after a business that broke all kinds of records. At that moment, the scheduled amount completely revolutionized the market and gave a new impetus to both technology companies.

According to official figures later published, the deal was closed for more than 65 billion dollars. To date, it obviously became the highest transaction in history.

Microsoft buys Activision Blizzard

In early 2022, Activision Blizzard became part of Microsoft in a historic transfer. When the merger of Dell with EMC was thought to be insurmountable, this event of epic proportions occurred.

Amazing! Twitter sales are not the highest in history – Business – WebMediums
Microsoft bought Activision Blizzard to fully compete in the video game universe.

Microsoft bought all of the company's stock for approximately $68.7 million. In this way, it became the first place of the highest and most exorbitant sales in the world of technology.

What will come now for Twitter after its purchase by Elon Musk?

The purchase of Twitter by Elon Musk has remained in trend throughout the weekend. As expected, it was an event that brought with it both fans and detractors.

Despite all the rumors that run on the same social network, it is clear that Elon Musk will make several changes. For example, they are already working on an “edit” button for tweets that are published. An option that he himself surveyed among users in the community.

Amazing! Twitter sales are not the highest in history – Business – WebMediums
In early April, Elon Musk tested the possibility of implementing an edit button for tweets.

In addition, Musk is a strong supporter of free speech. He recently commented that Truth Social, Donald Trump's new platform, beats Twitter in App Store downloads. According to the tycoon, it is because he has lost ground due to the censorship applied.

In conclusion, the changes to come to Twitter are probably closely linked to the expression. At the same time, it is expected to implement new "Premium" modalities, among other functions that will surely give people something to talk about.

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