Elon Musk offers to buy Twitter for $41 billion
![]() 1089 Thursday, 14 April, 2022, 15:06 Billionaire Elon Musk has offered to buy Twitter for about US$41 billion, just days after rejecting a seat on the social media company’s board. Musk’s offer price of US$54.20 per share, which was disclosed in a regulatory filing on Thursday, represents a 38 per cent premium to Twitter’s April 1 close, the last trading day before the Tesla CEO’s more than nine per cent stake in the company was made public. Twitter’s shares jumped 12 per cent in premarket trading. “Since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company,” Musk said in a letter to Twitter Chairman Bret Taylor. “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,” Musk said. |
Georgia has fully repaid its long-term debt to Russia, Armenia and Azerbaijan
409Yesterday, 12:46Brussels to propose sanctions against Israel as Gaza war escalates
53816.09.2025, 20:51Elon Musk just lost his title as world’s richest person
109210.09.2025, 19:36Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy
152507.09.2025, 23:46India’s Russian oil gains wiped out by Trump’s tariffs: #Reuters
178228.08.2025, 21:00India’s Russian oil gains wiped out by Trump’s tariffs
168827.08.2025, 20:24"If Putin doesn't stop the war, we'll start an economic war" - Trump
157527.08.2025, 13:18US imposes 50% tariffs on India for buying Russian oil
154327.08.2025, 13:00