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What will happen to my Twitter stock?

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Elon Musk struck a deal to buy Twitter on Monday. A snarky tweet from 2017 is now a reality. Elon Musk will soon be the owner of Twitter.

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This comes after weeks of back and forth as Musk purchased a large amount of the company’s stock and then forced the board to take the poison pill to avoid a hostile takeover. Musk has been very public about his discontent and is adamant about changing the platform.

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Image Credit: Asaase Radio

As of now, Twitter is still a publicly-traded company on the New York Stock Exchange. This means that for roughly-$50 (approx. stock price), you can own a small slice of the social media giant.

However, on Musk follows through on his promise to take the company private, the ability to buy more shares will be over. But even though the deal was struck, you’ll still be able to buy or sell the Twitter stock until the deal is closed.


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