Elon Musk offers to buy Twitter outright for whopping $43 billion price tag, says company needs to be transformed into platform that respects free speech

by: Sarah Taylor
2022-04-14
Source: The Blaze
04/14/2022

Twitter 3d Icon Concept. Dark Mode Style 🖤 by Alexander Shatov is licensed under Unsplash unsplash.com

Elon Musk, Tesla and SpaceX CEO, has offered to buy all of Twitter for $43 billion, according to a Thursday morning Securities and Exchange Commission filing.

The news comes just days after Musk declined to join the company's board of directors after having purchased a 9% stake in the company.

What are the details?

Musk on Thursday announced that he would be willing to pay $54.20 per share — a 54% premium over the stock's price prior to Musk's acquisition of his stake in the company.

Source: The Blaze