Twitter stock surges on reports Elon Musk again proposes buying company

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Shares jumped nearly 13 percent before trading stopped. 9News

Trading in shares of Twitter was halted after the stock spiked on reports that Elon Musk would proceed with his $US44 billion deal to buy the company after months of legal battles.

Musk has been trying to back out of the deal for several months after signing on to buy the social media platform in April.

 

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