Elon Musk intends to acquire the social network Twitter

Elon Musk A photo: SUZANNE CORDEIRO, Scanpix

American billionaire Elon Musk, the richest man in the world, intends to acquire the social network Twitter for $41.4 billion, reports DW with reference to documents for the US regulator SEC.

It follows from them that the head of Tesla is offering $54.20 per share of Twitter – 38 percent more than at the close of the exchange on April 1.

“This is my best and last offer,” Musk said, warning that if this offer is not accepted, he will “reconsider his position as a shareholder.”

On April 2, it became known that Musk acquired a 9.2 percent stake in Twitter, becoming the largest stake holder as a result. The day before, the cost of a share of the social network was almost $46. Elon Musk has already announced his intention to take Twitter off the exchange after its acquisition. The head of Tesla said he is interested in buying Twitter because he believes in the company’s potential as a “platform for free expression around the world.”

Source: https://www.dv.ee/ by www.dv.ee.

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