Elon Musk offers to buy Twitter

Tesla CEO and billionaire Elon Musk recently bought 9.2% of the Twitter share, increasing its valuation by 27% in the following days and making him the largest individual shareholder in the social media company. Shortly after the announcement of Musk’s investment in Twitter, CEO Parag Agrawal announced that he was also added to the company’s board of directors – before turning around after a week of strange tweets from Musk.

Now Musk has announced that he intends to buy the company directly: and says he would pay $ 54.20 per share. share for Twitter (thank you, BBC). Musk added that if the offer was not accepted, “I will have to reconsider my position as a shareholder.”