Twitter accepts Elon Musk’s $44B acquisition offer

Twitter accepts Elon Musk’s $44B acquisition offer

2 years ago
Anonymous $xqL1ZTchGQ

https://techcrunch.com/2022/04/25/twitter-accepts-elon-musks-43b-acquisition-offer/

Tesla CEO Elon Musk is infamous for using Twitter to tease and tease out various ideas he has about his business interests, cryptocurrency, politics and life in general, but today it looks like he’s making good one of the biggest of his musings. Twitter has announced that it has accepted Musk’s offer to acquire the publicly-traded company at $54.20/share, valuing the social media platform at $44 billion.

Moments after the news broke that Twitter trading was halted, the company issued a press release confirming that it was accepting Musk’s offer to take the social network private.