Elon Musk offers to buy Twitter for about USD 41 billion days after rejecting seat on social media company's board
Image Credit: shortpedia
Tesla and SpaceX CEO Elon Musk on Thursday offered to buy Twitter for $54.20 per share in cash just days after rejecting seat on social media company's board, according to news agency Reuters. The world’s richest man will pay $54.20 per share in cash, representing a 54% premium over the January 28. closing price and a value of about $43 billion. The social media company’s shares soared 18%.