Elon Musk recently acquired Twitter at what price?

Appeared in: WCL Staff Nurse - 2022

Explanation

Elon Musk's acquisition of Twitter was finalized in October 2022 for a total value of approximately $44 billion.
The deal was priced at $54.20 per share, which determined the total valuation of the transaction.
Following the acquisition, the platform underwent a significant rebranding, changing its name from Twitter to X.

Why Other Options Were Wrong

Option B: This figure is incorrect. While various numbers were discussed during the negotiation phases, the final agreed-upon price was higher.
Option C: This is an incorrect valuation for the deal. The final transaction was several billion dollars more than this amount.
Option D: This amount is significantly lower than the actual price paid by Elon Musk to acquire the company.

Related Visual

Clinical Relevance

Nursing practice connection: This is primarily an exam-oriented knowledge point with limited direct bedside application, so retain General Knowledge: Business, Technology, and its intersection with Healthcare Communication as background academic context rather than a clinical decision trigger.
Social media platforms like X (formerly Twitter) are crucial tools in nursing informatics for public health campaigns, rapid dissemination of health information, and professional networking.
Nurses must be aware of the professional and ethical considerations of using social media, including patient privacy, maintaining professional boundaries, and combating the spread of medical misinformation.
What if? If the question were about a healthcare company's merger, the approach would be similar: identify the key financial details, but the clinical relevance would shift to the impact on patient care, service availability, and healthcare costs.

How to Approach the Question

Recognize that this is a factual recall question based on general knowledge of a major recent event.
Identify the key entities in the question: 'Elon Musk' and 'Twitter'.
Identify the specific information requested: the 'price' of the acquisition.
Recall or verify the widely reported figure for this major business transaction.
Compare the recalled figure with the given options and select the one that matches.

Concept Tested & Keywords

Concept Tested: General Knowledge: Business, Technology, and its intersection with Healthcare Communication
Stem keywords: Elon Musk, acquired, Twitter, price
Lead-in keywords: what price

Question ID

QvxrZ4SrzyKpy77OtS3NEa

Reference Book

E6 Robert Boland, Marcia L. Verduin - Kaplan and Sadock's Comprehensive Text of Psychiatry-Wolters Kluwer Health (2024) (pp 1-16525 of 16525) p. 8760-8762

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