Elon Musk offers to buy Twitter for 43 billion, will take it private

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Tesla CEO Elon Musk offered to buy Twitter in a deal worth more than $43 billion and take the social media company private.

Musk’s best and final offer was to pay $54.20 per share for 100% of Twitter, and said that if his offer was not accepted he’d have to reconsider his position as a shareholder, according to an SEC filing.

Musk recently disclosed a 9.2% stake in Twitter, but he rejected an offer to join its board of directors and criticized the social media platform in tweets.

Read more at Foxnews.com

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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!