Elon Musk offers $43 billion to buy Twitter

SUZANNE CORDEIRO via Getty Images

Elon Musk, who never plays cards according to the rules, is inJust decided three days ago not to join Twitter’s board, and now clearly marked the price to buy the entire Twitter.according to Bloomberg reportsMusk will buy Twitter at a price of $54.2 per share, which puts Twitter’s total market value at about $43 billion, while Twitter’s stock price surged 18% in pre-market trading.

Musk is inFilings with the U.S. Securities and Exchange Commission (SEC)In the document, he disclosed his intention to buy Twitter, and in the document he also stated that this was his highest and final offer, and if it was not accepted by Twitter, he would “need to reconsider his status as a shareholder”, implying a possible sale A part, or even the whole share.

From the results, perhaps this is why Musk declined to join Twitter’s board, after all, as a director, he would not be able to make an acquisition of Twitter. Maybe Musk thinks the changes he wants to make aren’t something he can do as a single shareholder, but take full control of the company, or even take it private.

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