In response to CNBC, billionaire Elon Musk has supplied a severely heavy bag to purchase Twitter. The mogul is requesting to buy the bluebird app for $54.20 a share as famous in a submitting printed this previous Thursday. His motive? Musk believes that the corporate wants to be privatized instantly: “I invested in Twitter as I imagine in its potential to be the platform totally free speech across the globe, and I imagine free speech is a societal crucial for a functioning democracy,” he shared in a letter to Bret Taylor, Twitter’s official Chairman. Elon Musk, who requested the companies of economic advisor Morgan Stanley to stake his declare, goes on so as to add that the social media firm should go personal to permit full freedom of speech which, in his observations, can’t be carried out in its present state. 

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“Consequently, I’m providing to purchase 100% of Twitter for $54.20 per share in money, a 54% premium over the day earlier than I started investing in Twitter and a 38% premium over the day earlier than my funding was publicly introduced,” he famous in his letter to Bret Taylor. “My provide is my greatest and ultimate provide and if it isn’t accepted, I would want to rethink my place as a shareholder.” Evidently, Musk has massive concepts, however will Twitter’s head honchos take him up on his provide? We count on extra information on this sooner or later.