Report: Elon Musk in Advanced Talks with Twitter over $43 Billion Takeover Deal

According to recent reports, Tesla CEO Elon Musk has resumed negotiations with Twitter over his $43 billion company takeover offer.

The Wall Street Journal reports that talks between executives at Twitter and Tesla CEO Elon Musk have begun again as the company reconsiders Musk’s $43 billion takeover offer. Musk and the Twitter board reportedly met on Sunday to discuss the deal, according to sources with knowledge of the meeting. It is believed that an official agreement may be reached this week.

Previously, Twitter seemed opposed to Musk’s takeover bid with eh company laying out a “poison pill” defense to block Musk’s offer. But Musk later went on to detail financing plans to secure $46.5 billion in funds to purchase Twitter — which may have forced Twitter’s board to reconsider the offer.