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Explained: What Twitter could do as privately held company

Here’s a look at what it means for a company to go private.

April 28, 2022 / 06:44 PM IST
Source: AP

Source: AP

If Elon Musk and Twitter get their way, the company will soon be privately held and under his control.

The most obvious immediate change would likely be Twitter’s stock being taken off the New York Stock Exchange. But the company would also likely get freed from having to give regular updates about its business to U.S. regulators and to Wall Street.

One important change for Twitter users is that the company would likely have more freedom to make big or unpopular changes. That’s because it wouldn’t have to worry about potential blowback from Wall Street.

Here’s a look at what it means for a company to go private.