Elon Musk Offers To Buy Twitter For .4 Billion

Elon Musk Offers To Buy Twitter For $43.4 Billion

In this file photo taken on February 10, 2022, Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas.  JIM WATSON / AFP

 

Tesla chief Elon Musk has launched a hostile takeover bid for Twitter, insisting it was a “best and final offer” and that he was the only person capable of unlocking the full potential of the platform.

Musk offered $54.20 a share, which values the social media firm at $43.4 billion, in a filing dated Wednesday, April 13 with the Securities and Exchange Commission.

Twitter’s board said it would carefully…

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