Elon Musk Offers To Buy Twitter For More Than $40 Billion

BREAKING: Elon Musk has offered to buy all of Twitter. This NEEDS to happen.@ElonMusk can make Twitter great again!

— David Hookstead (@dhookstead) April 14, 2022

Elon Musk wants to own 100% of Twitter.

The tech visionary and billionaire recently set off a firestorm when he purchased a large chunk of Twitter’s stock, and he’s now coming for the whole thing for the price of  $43.4 billion, according to The Hollywood Reporter.

Musk wrote the following in part in a message to Twitter board chair Bret Taylor, according to the same report:

However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.

As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.

Twitter has extraordinary potential.  I will unlock it.

I can’t begin to tell you how much I hope this happens. It’s not just that I want Elon Musk to take over Twitter. It’s that we need Elon Musk to take over Twitter.

AUTHOR

David Hookstead

Sports and entertainment editor.

EDITORS NOTE: This Daily Caller column is republished with permission. All rights reserved.

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