Elon Musk bids to buy Twitter

By | April 14, 2022

Elon Musk, the world’s richest person, has made an offer to buy Twitter. In which he has offered 41.49 billion to buy Twitter.

Elon Musk made this offer on 5 April. Musk has offered to buy Twitter in cash for Rs 54.20 per share in the offer. According to sources, Elon Musk has just bought 9% shares of Twitter company.

Elon Musk said that he is ready to buy all Twitter shares for cash. Please note that this offer from Elon Musk is non-binding and is subject to all government regulatory approvals. Musk made this offer on April 5 and the proposed deal was changed on April 11. Talks are on with Twitter’s board on this deal.

Musk buys shares of big companies in the stock market and sells them according to different times.

Let us tell you that the current valuation of Twitter is around $ 34.94 billion. And Elon Musk offered to buy it for $ 41.49 billion.

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