Apr 14, 2022
Elon Musk makes offer to buy Twitter
Tesla boss Elon Musk has offered to buy Twitter, saying he is the right person to "Unlock" the social media platform's "Extraordinary potential". In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter. In a filing with the US financial regulator, Mr Musk said: "I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy."However, 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. He added: "Twitter has extraordinary potential.
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