Elon Musk Places Offer to Buy Twitter

Elon Musk
Written By Methodical Millions
 

Elon Musk (CEO: Telsa, Space-X) - places an offer to take Twitter (NYSE: TWTR) private at $54.20 per share - a week after he purchases 9.1% of Twitter stock in the public markets. The offer sparks controversy due to his recent rejection of joining the board despite their approval. He has also commented that their decision on the offer will influence his decision to hold onto future shares - full sec.gov filing below.

Al Waleed bin Talal Al Saud, self-proclaimed as one of Twitter’s largest shareholders, publicly denied the offer due to a belief in the future growth potential of the social media platform.


For the full offer details, see sec.gov

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