Elon Musk Wants To Re-Buy Twitter

A report by Bloomberg, citing anonymous sources, revealed that Elon Musk wants to continue the deal to buy Twitter again. Accordingly, the famous billionaire again made an offer for the purchase at $ 54.20 per share.

richest person in the world Elon Musklast April, sat on the agenda of the whole world with a bomb offer. Tesla and SpaceX CEO announced that he wants to buy popular social media platform Twitter for an astronomical $44 billion at $54.20 per share. However, some time after that, Musk announced that he was suspending the deal due to spam accounts on the platform. The 51-year-old billionaire stated that Twitter’s statements stating that less than 5% of its users are fake are not true.

After the events, Musk decided to withdraw from the agreement in July. After this move of the famous businessman, Twitter filed a lawsuit against Musk and stated that he used bot accounts as an ‘excuse’. While tensions continued, the parties were expected to appear in court on October 17. While all this was going on, a very interesting development took place.

Musk again offered to buy Twitter at the same price

According to a report by Bloomberg based on anonymous sources, Elon Musk is planning to buy Twitter per share. Bid again at $54.20. After the emergence of this information, Twitter’s shares An increase of up to 18% seen. After that, the trading of shares was temporarily suspended.

For now, there are no details about the offer, which reveals that Musk wants to buy Twitter again. Likewise, Twitter has not yet made a statement on the subject. It should be added that the offer has also been independently verified by CNBC.

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Source :
https://www.bloomberg.com/news/articles/2022-10-04/musk-proposes-to-proceed-with-twitter-deal-at-54-20-a-share


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