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Elon Musk Offers To Buy Twitter
The Tesla CEO offered $54.20 a share in cash for the social media platform.
Himanshu S.
10:50 14th Apr, 2022
Adoption

Elon Musk, the CEO of electric-car maker Tesla, offered to buy the social media company for $54.20 per share in cash.

"I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder," Musk said in a statement.



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