Elon Musk offers to buy Twitter
Elon Musk is now preparing to buy Twitter. Recently he took a stake in it.
Tesla, SpaceX owner and world's richest man Elon Musk has offered to buy social media platform Twitter.
Elon Musk has offered to buy Twitter for $54.20 per share. Let us tell you that Elon Musk wants to buy Twitter for cash.
Tesla owner Elon Musk has refused to join Twitter's board of directors. Twitter CEO Parag Agarwal gave this
Twitter Share Price Details
Elon Musk has offered the company about $ 43 billion (about Rs 3273.44 billion) for this.
Tesla CEO Elon Musk, the world's richest man, wants to buy Twitter by paying $54.20 per shar
e in cash.
This is a 54 percent premium compared to Elon Musk's January 28 deal. With this its value comes out to $ 43 billion.
After this offer to buy Twitter by Musk, Twitter's share in the stock market has climbed 18 percent.
Tesla CEO Elon Musk took a stake of about 9 percent in Twitter on April 4. After which he became the largest shareholder of the company.
According to the news agency Reuters, Musk has said in a letter to Twitter chairman Bret Taylor that Twitter needs to be converted into a private company.
This offer from Elon Musk is very good and if it is not accepted then he will reconsider his position as a shareholder.
Tesla CEO Elon Musk has bought 7.35 crore shares of this social media company, which is 9.2% stake in the company.