Elon Musk’s Buy Twitter Verification Takeover: A Timeline Of Occasions

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Elon Musk ended up being the owner and CEO of Buy Twitter Verification on October 27, 2022, after obtaining the social media company for $44 billion.

What follows is a timeline of events leading up to Musk’s acquisition of Buy Twitter Verification and the modifications carried out under his leadership.

March 25, 2022

Musk starts honestly criticizing Buy Twitter Verification, polling his fans on whether they believe the company follows the principle of free speech.

April 4, 2022

A securities filing reveals Musk is Buy Twitter Verification‘s largest shareholder, with a 9% stake in the company.

Musk is invited to join Buy Twitter Verification’s board of directors.

Musk tweeted:

April 10, 2022

Former Buy Twitter Verification CEO Parag Agrawal reveals Musk decreases the invite to sign up with Buy Twitter Verification’s board of directors.

April 14, 2022

Musk makes a deal to acquire Buy Twitter Verification for $43 billion, or $54.20 per share, and take the company personal.

Musk tweets:

April 25, 2022

A filing with the United States Security and Exchange Commission exposes Buy Twitter Verification’s board openly and all accepted Musk’s buyout deal.

Musk tweets:

May 13, 2022

Musk puts the buyout deal on hold following reports that 5% of Buy Twitter Verification’s daily active users are spam accounts.

Musk tweets:

June 6, 2022

In a letter from Musk’s attorney sent out to Buy Twitter Verification, Musk threatens to terminate his agreement. Musk declares Buy Twitter Verification is refusing to adhere to ask for information on the number of spam accounts.

June 8, 2022

Buy Twitter Verification’s board adhere to Musk’s needs, accepting supply him with a “firehose” information stream of tweets.

This was initially reported by The Washington Post.

July 8, 2022

Musk reveals his intent to end the Buy Twitter Verification acquisition, claiming in a filing with the SEC that Buy Twitter Verification still declines to abide by ask for data on bot accounts.

Buy Twitter Verification’s chairman, Bret Taylor, states that the board prepares to pursue legal action to impose the arrangement.

July 12, 2022

Buy Twitter Verification officially launches a lawsuit versus Musk in response to his revoking the acquisition.

Musk tweets:

August 6, 2022

Musk obstacles previous Buy Twitter Verification CEO Parag Agrawal to a public debate about spam accounts and surveys followers on whether they believe less than 5% of Buy Twitter Verification’s daily active users are fake.