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Tesla billionaire Elon Musk has offered to purchase Twitter for $41.4 billion, according to a Securities and Exchange Commission (SEC) filing published on Thursday. Musk also explained in his note that he believes Twitter should be a private company and he decided he wants “to acquire the company and take
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In a letter sent to the chairman of Twitter’s board Bret Taylor on Thursday, entrepreneur Elon Musk, best known for founding and heading Tesla and SpaceX, has offered to purchase the entire Twitter company for $54.20 a share, stating that the social media platform has “extraordinary potential” that he will
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The Tesla CEO offered $54.20 a share in cash for the social media platform. Original Source
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Agrawal’s note is opaque, but it offers a few clues about what may be going on behind the scenes. The current board members, wrote Agrawal, “believed that having Elon as a fiduciary of the company where he, like all board members, has to act in the best interests of the
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"We were excited to collaborate and clear about the risks. We also believed that Elon as a fiduciary of the company where he, like all board members, has to act in the best interest of the company and all our shareholders, was the best path forward,” Agrawal stated. Original Source
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Tesla and Spacex CEO Elon Musk has suggested making the meme cryptocurrency dogecoin (DOGE) a payment option for the Twitter Blue subscription service. Musk is now Twitter’s biggest shareholder. He recently joined the social media giant’s board of directors and promised to bring “significant improvement” to Twitter. Elon Musk Suggests Allowing
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Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s
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Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as the “single most annoying problem on
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As has become a habit for the Tesla CEO, this week’s actions might already have him on the SEC’s radar. Regulatory filings show that Musk filed a form 13G with the agency on Monday, April 4, officially reporting his ownership of more than 5% of Twitter. The form, however, states
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Dogecoin (DOGE) had a boost that took it to an almost two-month high after Elon Musk bought a 9.2% in Twitter (a $2,8 billion stake) according to a Securities and Exchange Commission 13G filing released Monday, thus becoming the company’s largest shareholder. Will Elon Musk Buyout Twitter? The large buy by co-founder
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