{"id":3142,"date":"2022-04-28T11:17:46","date_gmt":"2022-04-28T15:17:46","guid":{"rendered":"https:\/\/www.easyearnedmoney.com\/?p=3142"},"modified":"2022-05-15T23:08:20","modified_gmt":"2022-05-16T03:08:20","slug":"musk-buys-twitter","status":"publish","type":"post","link":"https:\/\/www.easyearnedmoney.com\/musk-buys-twitter\/","title":{"rendered":"Elon Musk Buys Twitter\u2026 And The Tweets Around Shareholder Town Is That You Must Buy Shares Now"},"content":{"rendered":"

To cut to the profitable chase… now is the time to buy stocks in Twitter before the Elon Musk deal closes and Twitter potentially becomes a privately held company.<\/span><\/p>\n

As we’re sure <\/span>you’ve heard<\/span><\/a>, Elon Musk has purchased the social media company, Twitter. <\/span>The New York Times <\/span><\/a>reported, “Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the largest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic.” <\/span><\/p>\n

Buy Now, Get 10% On Earnings<\/span><\/h2>\n

While still in process, the awaited closing of the deal gives new shareholders a brief timeframe to buy Twitter shares. It’s also a time to potentially earn nearly 10% off their purchase if the Musk deal goes through. <\/span>Yahoo Finance<\/span><\/a> reported that the company board members unanimously approved the $54.20-per-share acquisition for recommendation to Twitter shareholders.<\/span><\/p>\n

Twitter stock has <\/span>historically traded <\/span><\/a>between $31.30 and $73.34 a share. Now, those looking to garner financial rewards in this social media mega-company in the future can buy shares for around $50 following Musk’s acquisition offer. “If the deal collapses, however, the company’s stock price could fall 30% to where it was trading before Musk’s announcement went live.”<\/span><\/p>\n

How do you Buy Twitter Shares? <\/span><\/h2>\n

As the much-awaited news of whether Twitter will go private or remain public leaves those already invested in the company impatient. However, those who’ve never owned a small piece of this pie can now jump to invest.<\/span><\/p>\n

As of now, Twitter is still a publicly-traded company on the New York Stock Exchange. With a small financial investment, you will own a small slice of the social media giant. A media giant worth 1.57B with an expanding revenue of above 30% year upon year.<\/span><\/p>\n

Should your mind be on the fence, hanging around is not possible with the ability to buy shares limited to the next few days. It’s now or never! Should the company become private, the ability to buy more shares will be over. Yes, the deal has been struck, but the fat lady has yet to sing with the closing of the deal still unknown. For now, you’re still be able to buy or sell Twitter stock until the deal is closed. <\/span><\/p>\n

CNBC<\/span><\/a> explains, “So if you desire to have an ownership stake in the future of Twitter before it’s taken private, you’ll need to…” <\/span><\/p>\n

    \n
  1. Open a brokerage account where you can buy and hold your stocks. <\/span><\/li>\n
  2. Connect a checking account to fund the purchase.<\/span><\/li>\n
  3. Search the ticker symbol for Twitter, which is “TWTR”<\/span><\/li>\n
  4. Click the buy button. <\/span><\/li>\n<\/ol>\n

    “Analysts surveyed by FactSet expect Twitter to post a first-quarter profit of 5 cents a share on revenue of $1.23 billion. A year earlier, Twitter earned 16 cents a share on revenue of $1.04 billion.” With this, following the above steps and buying at those prices indicates expectations of much higher profitability in the future.<\/span><\/p>\n