Elon Musk

X rolls out two-tier subscription plans from up to $16 per month

X Premium and Premium+ paid subscription packages went live on Friday October 27. The social media platform’s Premium offering is priced $11 per month in the US and £11 per month in the UK, with Premium+ available for $16 per month in the US. Elon Musk had announced plans to launch two new tiers of […]

X to launch two-tier premium subscription plans

Elon Musk has announced plans to launch two new tiers of premium subscriptions for social media platform, X, formerly known as Twitter.  Commenting on the plans via X, the tech entrepreneur and owner of the social media app, said the new offering will include a lower cost package with all features and ads, along with […]

Twitter rebrands as X, with new logo

Tech entrepreneur and Twitter owner Elon Musk has revealed the social media platform is to become X later today. Musk and recently appointed chief executive officer Linda Yaccarino announced the news on Twitter, unveiling the new logo as part of the rebrand. The iconic blue bird Twitter logo designed by Martin Grasser is to be […]

Elon Musk secures control of Twitter for $44bn, fires management

After months of high drama including threats of a legal battle, tech entrepreneur Elon Musk has finally completed his much publicised takeover of social media firm Twitter. Declaring that the “bird is freed” he immediately made his mark by sacking senior management including CEO Parag Agrawal. Another prominent departure was legal and policy executive Vijaya […]

Twitter shareholders approve Elon Musk takeover bid

Twitter shareholders have approved the US$43 billion takeover attempt from Elon Musk – two months after the world’s richest man said he was pulling out of the deal. Earlier this week, Reuters reported that “a majority of Twitter’s shareholders” voted in favour of the deal ahead of the deadline on Tuesday afternoon. This was subsequently […]

Musk bails on Twitter takeover; social media app to take billionaire to court

The world’s richest man Elon Musk is pulling out of the US$43 billion deal to buy social media platform Twitter. Musk made a filing with the Securities and Exchange Commission on Friday 08/07, informing the regulator that he is terminating the deal, arguing that Twitter had provided “false and misleading” statements that were in “material […]

Twitter succumbs to Elon Musk’s US$43 billion takeover offer

Twitter has confirmed that it has agreed to billionaire Tesla owner Elon Musk’s US$43 billion offer for the social media site. Musk, a prolific user of the platform who last weekend posted a tweet fat-shaming Microsoft founder Bill Gates, earlier this month made an unsolicited offer to outright purchase the platform after it had been […]

Elon Musk makes US$43bn bid for Twitter

Elon Musk has made an unsolicited bid to buy Twitter for approximately US$43 billion. The Tesla founder and world’s richest person is offering US$54.20 a share, representing a 54% premium on the January 28 closing price of Twitter’s stock, just before he began investing in it, and a 38% premium on the April 1 price, […]