The outspoken Tesla CEO says he wanted to own and privatise Twitter because he thinks it’s not living up to its potential as a platform for free speech.
Under pressure, Twitter started negotiating with Musk to buy the company at the proposed $54.20 per share price. Around 1850 GMT on Monday, the NYSE said trading was halted on Twitter due to news pending. The stock had gained 5.5 percent in the day's session.
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Elon Musk to buy Twitter for approximately $44B, company announcesBREAKING Elon Musk to buy Twitter for approximately $44 billion, company announces HELL YEA To the 1% who's reading this Stay safe,god bless you and have a wonderful day 💚 Shit
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