Elon Musk agreed to buy Twitter for 44 billion dollars in 2022, tried to back out, and closed the deal after a Delaware court fight. We do the math on the financing, the Tesla stock he sold, the interest bill, the layoffs, the markdowns and the 2025 and 2026 mergers that folded X into xAI and then SpaceX. Every figure comes from filings or major outlets, and anything we calculated is labelled "our math". The owner's and the company's own statements are included, and this is not investment advice.
Sources: Twitter and SEC filings (April 2022 to May 2026), Delaware Court of Chancery orders (October 2022, October 2023), Reuters, CNBC, Bloomberg, New York Times, Forbes, Fortune, The Guardian, BBC, CNN, Axios, PitchBook, Fast Company, New York magazine, eMarketer.
Photo credits: Kathaleen McCormick, Delaware Court of Chancery: Eric Crossan photography, CC BY-SA 4.0. Elon Musk at the Royal Society, 2018: Debbie Rowe, CC BY-SA 3.0. Elon Musk, 2021: Ministerio das Comunicacoes, CC BY 2.0. Twitter logo: Apache License 2.0. SpaceX, Tesla and Fidelity logos: public domain. All via Wikimedia Commons. Logos are trademarks of their owners, shown for news commentary.
Some scenes are illustrative AI generated visuals, which are depictions and not real footage. No generated faces of named people.