Apparently, Elon Musk is not satisfied with being the largest shareholder in Twitter. Now, he wants to buy it.
In a letter sent to the Twitter chairman Bret Taylor on Thursday, entrepreneur Elon Musk, best known for founding and heading Tesla and SpaceX, offered to purchase the entire company for $54.20 a share, stating that the social media platform has “extraordinary potential” that he will “unlock.”that “Since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
Following this, Musk categorically states that the offer is “my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.”
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