Elon Musk wants to invest on Twitter. Elon Musk has offered to buy Twitter for 43 43 billion so that it can be "transformed into a private company."
How much $$$ has Elon Musk offered? Twitter .
Elon Musk offered to buy Twitter for $54.20 a share, or about $43 billion.
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk wrote in a letter sent to Twitter Chairman Bret Taylor.
Elon Musk wrote. My proposal is my best and final proposal and if it is not accepted, I will have to reconsider my position as a shareholder. "
Musk shared a link to the SEC filing on his Twitter account. “I made an offer,” he said. So far, Twitter hasn’t reacted publicly to the acquisition offer.
Update: Twitter has now put out a statement confirming receipt of Musk’s offer and saying its board will “carefully” consider it:
“[Twitter] today confirmed it has received an unsolicited, non-binding proposal from Elon Musk to acquire all of the Company’s outstanding common stock for $54.20 per share in cash.
The Twitter Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and all Twitter stockholders.”