elon musk and twitter

Twitter Expected To Accept Elon Musk’s Bid To Buy The Company

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The Mirror

Twitter is reportedly prepared to accept Tesla and SpaceX’s boss billionaire Elon Musk’s offer to buy the company for $54.20 per share.

The deal could be reached on Monday if negotiations go smoothly.

Mr. Musk is reportedly discussing with partners to help with the acquisition, as well as co-investors.

Twitter’s stock price has jumped three percent today as a result of the news, but the deal would still be less than Twitter was trading for at least a year.

If Musk is successful, he will likely make some significant changes to the social media platform, having made several hints in recent months about what his intentions are. It comes after Musk’s friend Jack Dorsey stepped down as CEO and Parag Agrawal took over.

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[ref-independent]

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