Elon Musk Offers To Buy Twitter For More Than 40 Billion

April 14, 2022
Elon Musk gestures as he speaks during a press conference at SpaceX's Starbase facility near Boca Chica Village in South Texas on February 10, 2022. - Billionaire entrepreneur Elon Musk delivered an eagerly-awaited u... Elon Musk gestures as he speaks during a press conference at SpaceX's Starbase facility near Boca Chica Village in South Texas on February 10, 2022. - Billionaire entrepreneur Elon Musk delivered an eagerly-awaited update on SpaceX's Starship, a prototype rocket the company is developing for crewed interplanetary exploration. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) MORE LESS
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April 14, 2022

Tesla CEO Elon Musk offered to buy Twitter for $54.20 a share, which amounts to about  $43 billion, on Wednesday after becoming the social media giant’s biggest shareholder by buying a 9.2 percent stake in the company.

Musk argued in his offer to Twitter Chairman Bret Taylor that Twitter needed to become a private company because it was currently failing to “serve” the “societal imperative” of free speech.

If Twitter accepts Musk’s bid, then the Tesla CEO, who’s repeatedly railed against online “censorship,” could be poised to restore ex-President Donald Trump’s Twitter account, as Republicans hope.

Follow the developments live:

More Less

Tesla CEO Elon Musk offered to buy Twitter for $54.20 a share, which amounts to about  $43 billion, on Wednesday after becoming the social media giant’s biggest shareholder by buying a 9.2 percent stake in the company.

Musk argued in his offer to Twitter Chairman Bret Taylor that Twitter needed to become a private company because it was currently failing to “serve” the “societal imperative” of free speech.

If Twitter accepts Musk’s bid, then the Tesla CEO, who’s repeatedly railed against online “censorship,” could be poised to restore ex-President Donald Trump’s Twitter account, as Republicans hope.

Follow the developments live:

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