Tuesday, August 11, 2026
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Elon Musk offers the best deal to buy Twitter

Elon Musk offers the best deal to buy Twitter

Image Source: money Control

Elon Reeve Musk FRS is an entrepreneur, investor, and business magnate. He is the founder, CEO, and chief engineer at SpaceX; early-stage investor, CEO, and product architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI.

The Tech Billionaire has now offered to buy the forever trending social media app “Twitter”. In a surprise announcement, Mr. Musk said he would pay $54.20 a share for Twitter, valuing it at about $40bn.

After that announcement, Mr. Musk posted a cryptic tweet of a smiling emoji with its hand over its mouth.

Mr. Musk has already given a hint of the things he would like to change at Twitter.

“My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,” Musk said.

During this week, Musk said he had abandoned a plan to join Twitter’s board, just as his tenure was about to start. Taking the board seat would have prevented him from a possible takeover of the company.

To know if something like this ever happens, stay tuned for more updates.

 

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Iti Dewangan

I am a 1st-year journalism student. I am from Champa, Chhattisgarh, a selective social person and likes to read poems, listen to music and watch movies/shows. She is determined towards her career.

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