Elon Musk buys Twitter: How many video game companies could he buy with that money?

The billionaire co-founder of SpaceX or Tesla promises big changes to the popular social network.

We are witnessing one of the most important movements in the history of social networks, billionaire Elon Musk buys Twitter for $44 billion. Musk is a familiar face of the video game industry, in recent years he has been working to bring Steam games to the software of Tesla vehicles, in the past he has been experimenting with his cars, running games like The Witcher 3: Wild. Cyberpunk 2077.

Rare, Insomniac Games, Riot Games, and BioWare didn’t reach $1,000 millionBut Musk didn’t buy any social networks, Twitter today one of the biggest speakers in the industry from video games and meeting place for creators and gamers. It looks like PayPal’s co-founder has not only made an investment, but wants to make significant changes to the platform, but has yet to give much details beyond messages in favor of free speech and the fight against bots. About what Musk plans to do with a company he sees as the ‘Dark Souls of social networks’.

But if we talk about Elon Musk’s investment to take over the social network, the number is really huge and one of the biggest recent acquisitions. To put the purchase in context, we wanted to compare them to some of our experience in the video game industry, and we’ve told you before that it’s just one more voluminous transaction.

To begin to determine the size of the purchase, imagine how important the studies are. Rare, Insomniac Games, Riot Games, and BioWare didn’t reach $1,000 million. Studies as relevant as Oculus VR or Mojang to everything Minecraft stands for have resulted in less than $3,000 million.

Bungie, the legendary creators of Halo and Destiny, was recently acquired by PlayStation, It cost Sony $3.6 billion.major acquisition of ZeniMax Media, its parent company Bethesda Softwareresponsible for great series like The Elder Scrolls, Fallout or DOOM, $7.5 billion. The deal for Zynga, creators of popular Farmville, has managed to break the $10,000 million barrier and is still a long way from the numbers we manage with the social network.

Only the acquisition of Activision Blizzard had a higher investmentAs you can imagine, the only transaction that surpassed the Twitter acquisition was the acquisition of Activision Blizzard by Microsoft. $68.7 billionand it became the largest operation in the history of video games. While big names like Embracer Group, owners of Gearbox and THQ Nordic have acquired more than $8 billion in companies over the past two years, the pace of big acquisitions in the industry shows no signs of slowing down. If you have made the account, the sum of all purchases made from companies we named, excluding Activision Blizzard, could require a lower budget Musk reserved to take over Twitter

In the video game industry, buyout race It doesn’t look like it will stop, and with examples like Sony confirming that it will maintain a $17,000 million buy line for acquisitions with a strategy to last until 2023.