{"id":1463027,"date":"2022-05-04T07:14:39","date_gmt":"2022-05-04T11:14:39","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1463027"},"modified":"2022-05-04T07:14:42","modified_gmt":"2022-05-04T11:14:42","slug":"elon-musk-says-hell-take-company-public-again-a-few-years-after-buyout","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-says-hell-take-company-public-again-a-few-years-after-buyout\/","title":{"rendered":"Elon Musk Says He\u2019ll Take Company Public Again a Few Years After Buyout"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Felon-musk-says-hell-take-company-public-again-a-few-years-after-buyout%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1463027&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>&#8216;The Five&#8217; co-host and Democratic strategist Jessica Tarlov and the Washington Examiner&#8217;s Sarah Westwood discuss Elon Musk&#8217;s Twitter acquisition on &#8216;WSJ at Large.&#8217;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.wsj.com\/topics\/person\/elon-musk\" target=\"_blank\" rel=\"noopener\">Elon Musk<\/a>, who has agreed to take <a href=\"https:\/\/www.wsj.com\/market-data\/quotes\/TWTR\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> Inc. private <a href=\"article\/how-elon-musk-won-twitter-11650943029\" target=\"_blank\" rel=\"noopener\">in a $44 billion deal<\/a>, has told potential investors he could return the social-media company to public ownership after just a few years.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/04\/931\/523\/MUSK-TWITTER-GETTY-ILLUSTRATION.jpg?ve=1&#038;tl=1\" alt=\"Elon Musk\u2019s Twitter account is displayed on the screen of an iPhone in front of the homepage of the Twitter website\" \/><\/div>\n<div class=\"caption\">\n<p><span>Elon Musk\u2019s Twitter account is displayed on the screen of an iPhone in front of the homepage of the Twitter website.<\/span><span> (Chesnot\/Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Mr. Musk said he plans to stage an initial public offering of Twitter in as little as three years of buying it, according to people familiar with the matter. The <a href=\"article\/twitter-and-elon-musk-strike-deal-for-takeover-11650912837\" target=\"_blank\" rel=\"noopener\">deal is expected to close<\/a> later this year, subject to conditions including the approval of Twitter shareholders and regulators, the company has said.<\/p>\n<p><a href=\"https:\/\/foxbusiness.onelink.me\/Zkcx?pid=AppArticleLink&#038;af_dp=foxbusinesssaf%3A%2F%2F&#038;af_web_dp=https%3A%2F%2Fwww.foxbusiness.com%2Fapps-products\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<p>Mr. Musk, the <a href=\"https:\/\/www.wsj.com\/market-data\/quotes\/TSLA\" target=\"_blank\" rel=\"noopener\">Tesla<\/a> Inc. chief, has been speaking to investors such as private-equity firms, which could help lower the $21 billion he plans to kick in <a href=\"article\/elon-musks-twitter-funding-puts-more-of-his-tesla-holdings-at-risk-11651161739\" target=\"_blank\" rel=\"noopener\">to help pay for the deal<\/a>. The rest of the money is coming from loans. One firm considering participating is <a href=\"https:\/\/www.wsj.com\/market-data\/quotes\/APO\" target=\"_blank\" rel=\"noopener\">Apollo Global Management<\/a> Inc., The Wall Street Journal has reported.<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=TWTR\">TWTR<\/a><\/td>\n<td class=\"security\">TWITTER INC.<\/td>\n<td class=\"last\">48.84<\/td>\n<td class=\"change neg\">-0.34<\/td>\n<td class=\"percent neg\">-0.68%<\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=TSLA\">TSLA<\/a><\/td>\n<td class=\"security\">TESLA INC.<\/td>\n<td class=\"last\">909.25<\/td>\n<td class=\"change pos\">+6.31<\/td>\n<td class=\"percent pos\">+0.70%<\/td>\n<\/tr>\n<tr><\/tr>\n<\/tbody>\n<\/table>\n<p>Private-equity firms often take companies private with an eye toward fixing them up outside of the spotlight and then taking them public again within five years or so. Mr. Musk\u2019s signal that he plans to do something similar could help assure potential investors that he would work quickly to improve Twitter\u2019s business operations and profitability.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/elon-musk-twitter-slight-cost-for-commercial-government-users\" target=\"_blank\" rel=\"noopener\"><strong>ELON MUSK SAYS TWITTER &#8216;MAY SEE SLIGHT COST FOR COMMERCIAL\/GOVERNMENT USERS&#8217;<\/strong><\/a><\/p>\n<p>He has given few details about <a href=\"article\/what-elon-musk-would-do-with-twitter-11650200403\" target=\"_blank\" rel=\"noopener\">his exact plans for the company<\/a> other than that he wants it to be less censorious in content moderation. At one point he said he doesn\u2019t care whether he makes money on the deal. Mr. Musk has a history of missing his timelines and targets at Tesla, the electric-car company.<\/p>\n<p><a href=\"http:\/\/foxbusiness.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><u>CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/a><\/p>\n<p>Even though Mr. Musk is the <a href=\"https:\/\/www.wsj.com\/story\/how-elon-musk-made-the-fortune-hell-need-to-buy-twitter-c9e15543?mod=article_inline\" target=\"_blank\" rel=\"noopener\">world\u2019s richest man<\/a>, scraping together the funds to seal the deal was no mean feat. Once he managed to do so, Twitter\u2019s expected resistance eased and the two sides quickly agreed to a deal at his original offer price of $54.20 a share.<\/p>\n<p><strong>Write to <\/strong>Cara Lombardo at <a href=\"mailto:cara.lombardo@wsj.com\" target=\"_blank\" rel=\"noopener\">cara.lombardo@wsj.com<\/a> and Eliot Brown at <a href=\"mailto:eliot.brown@wsj.com\" target=\"_blank\" rel=\"noopener\">eliot.brown@wsj.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;The Five&#8217; co-host and Democratic strategist Jessica Tarlov and the Washington Examiner&#8217;s Sarah Westwood discuss Elon Musk&#8217;s Twitter acquisition on &#8216;WSJ at Large.&#8217; Elon Musk, who has<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1463027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1463027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1463027"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1463027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1463027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1463027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1463027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}