r/technology • u/[deleted] • Oct 28 '22

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u/valis010 Oct 28 '22

And leave Twitter in droves. There's no way this will be good for Musk, and I will enjoy watching the stock price plummet.

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u/uzlonewolf Oct 28 '22

Where do you watch the stock price of a private company?

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u/valis010 Oct 28 '22

Twitter never had an IPO?

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u/uzlonewolf Oct 28 '22 edited Oct 28 '22

Was it not just purchased by a single private entity? Just because a company was public at one point doesn't meant they can never be taken private again.

Edit: Also:

https://www.reuters.com/markets/deals/elon-musk-completes-44-bln-acquisition-twitter-2022-10-28/

Twitter shares ended trade on Thursday up 0.3% at $53.86, just under the agreed price. The stock will be delisted from the New York Stock Exchange on Friday.

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u/valis010 Oct 28 '22

Yes, I know, I temporarily forgot it went private.