Tesla CEO Elon Musk Offers To Buy Twitter And Take It Private

According to AFP, Tesla CEO Elon Musk launched a takeover bid to Twitter, offering to buy 100% of its stock and take it private.


In an April 13 filing with the U.S. Securities and Exchange Commission, Musk reportedly made an offer of $54.20 per share.

In response, Twitter said its board would "carefully review" the acquisition.

Musk had reported in a regulatory filing that he had taken a 9% stake in Twitter, making him its largest shareholder, and on April 5, the company announced that Musk would become a member of Twitter's board of directors. But on the evening of the 10th, Twitter CEO Agrawal announced again that Musk would no longer be on the board.

About Author
John Murphy

John Murphy is the founder of TOPCARS Tesla Aftermarket Accessories, as well as an investor in Tesla and owner of the Model Y. He posts about Tesla news while running the site on a daily basis.

Discover our Range


View all


View all