Twitter shares on Wall Street operate up 6% on Monday afternoon (25), after the company accepted the proposal to buy American billionaire Elon Musk, founder of Tesla and the richest man in the world, by US $44 billion.
Since the start of today’s trading session, the company’s shares have been on the upswing with the expectation of the approval of the sale by the company’s board.
Around 16:00 (Brasília time), the shares rose 5.52%, being traded at US$ 51.63. Tesla shares fell 2.17% to $21.84.
At the close of trading, Twitter ended the day up 5.7%, while Tesla was down 0.70%. Now, with the deal set to close in 2022, Twitter will prepare to leave Wall Street and become a private company wholly owned by the billionaire.
With the acquisition of Twitter, the richest man in the world gets his hands on one of the most influential social networks, promising to make it the platform for freedom of expression par excellence.
Following the announcement, Twitter CEO Parag Agrawal stressed that the social network “has a purpose and relevance that impacts the entire world” and said he is “very proud of our teams and inspired by the work that has never been more important.” “.
White House – Shortly after the operation concluded, White House spokeswoman Jen Psaki reinforced at a press conference that US President Joe Biden has long “worried about the power of social platforms”.
However, she said she didn’t want to comment on Musk’s purchase of Twitter. “Regardless of who owns or runs Twitter, the president has long been concerned about the power of the big social platforms, the power they have over our daily lives,” Psaki emphasized, adding that Biden argues that these platforms are called to provide accounts for any damage they create.