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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