Elon Musk proposes to buy Twitter for the original offer

elon musk

Elon musk proposes to buy Twitter for the original offer, Twitter shares soared Tuesday on a report that Elon Musk is proposing to acquire the social media giant for his original offer of €54.79 per share. At this point trading of Twitter, shares have halted.

Elon musk twitter stock surge
current Twitter stocks jumped after Elon announce his intent to purchase twitter

Elon Musk, in a surprise move that adds another twist to an ongoing drama that has preoccupied the tech industry, Wall Street, and Washington, proposed a deal with Twitter on Monday evening that could bring to an end an acrimonious legal fight between the billionaire and the social media company.

This will allow Mr. Musk to acquire Twitter at $54.20 per share, the price he agreed to pay for the company in April

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One thought on “Elon Musk proposes to buy Twitter for the original offer

  1. Ye After two years (Kanye west) returns to Twitter - Minions October 8, 2022 at 9:28 pm

    […] Kanye West posted on Twitter for the first time in nearly two years – a move celebrated by Elon Musk, who is in the process of buying the social media network […]

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