Elon musk to acquire Twitter 2022. Twitter is now a privately-owned company after Elon Musk’s aggressive takeover bid proves successful. Twitter is now a privately-owned social media network and set to belong to Elon Musk by the end of 2022. The prolific Twitter user and one of the richest billionaires in the world has offered to buy Twitter in cash at the value of $54.20 per share, Which amounts to approximately $44 billion.