CEO of Tesla,Elon Musk, has made an offer to purchase Micro blogging site, Twitter for $43.4 billion, or more than Rs 3.31 lakh crore.
Musk offered $54.20, or more than Rs 4,136, per share in his takeover bid for the social media platform.
The Tesla CEO purchased a 9.2% interest in Twitter on April 4, making him the company’s largest stakeholder but declined to join the social media platform’s board of directors.
Musk stated in a statement with the US Securities and Exchange Commission that if his bid was rejected, he would have to reevaluate his status as a…
