Why Does Musk Want To Buy Twitter. After accepting and then turning down a seat on Twitters board of directors a position that would limit the number of shares he could own in the company Musk made an offer to buy Twitter outright. He offered USD 43 billion for a company with a USD 37 billion market cap.
The Twitter logo is displayed on a smartphone with Elon Musks official Twitter profile. He offered USD 43 billion for a company with a USD 37 billion market cap. In his SEC filing Musk said I invested in Twitter as I believe in its potential to.
Why does Elon Musk want to buy Twitter.
Elon Musk the worlds wealthiest man made an unsolicited bid worth more than 43 billion for the social media company. By April 4 he was the companys biggest shareholder with a 9 stake. Tesla CEO and billionaire Elon Musk is ratcheting up his efforts to buy social media platform Twitter NYSE. The Tesla CEO disclosed his.
