Newshub18:Elon Musk wants to buy Twitter at the same price, there is a lot of speculation as the news comes out.
A few days ago, Tesla CEO Elon Musk expressed his interest in buying the famous social media platform Twitter. Although the process was stopped for several days, Musk took a step towards buying Twitter again. Musk has offered to buy the social media handle at the same price that he had previously started the process of buying Twitter. Earlier Musk had offered to buy Twitter for $54.20 per share. This news was published in Bloomberg News on Tuesday.
As soon as this news came to the fore, the share price of Twitter rose in the market. Shares in Twitter jumped 12.7 percent to $47.93. Meanwhile, Musk’s Tesla Inc shares fell 3 percent. According to a report published in Bloomberg News, Musk has written a letter to the authorities offering to buy Twitter. However, to maintain the confidentiality of the matter, neither party has opened up about it. The news agency Reuters tried to contact the lawyers of both sides, but no information was received.
Much has been made of the Tesla CEO’s purchase of Twitter. The American billionaire offered to buy the popular social media platform for $4,400 million in April. Soon after expressing interest in buying Twitter, Musk said that Twitter had a lot of fake accounts and that those accounts would be deleted after the company was taken over. Musk’s disagreement with the Twitter authorities came to light. Even Twitter CEO Parag Agarwal spoke out against Musk. Musk also responded to him. Now let’s see when the world’s richest man’s desire to buy Twitter will be fulfilled