Technology Billionaire Elon Musk has made a takeover bid for a community service From Twitter. The offer is $ 54.20 per share, with yesterday’s closing price of $ 45.85.
The total value of Twitter would be $ 43 billion. Elon Musk, the main owner of electric car company Tesla, is one of the richest people in the world, and his assets are worth about $ 260 billion, according to news agency Bloomberg.
The offer is 54 percent higher than Twitter’s value was before Musk’s ranking.
To the chairman of Twitter Bret Taylorille In a letter sent by Musk, Musk says that this is “the best and last offer, and if it is not accepted, I will reconsider my position as a shareholder”.
According to Musk, the social need for Twitter will not materialize in its current form but the company will have to be delisted.
Musk says Twitter has unusual potential, and he believes he can unleash it.
The seat on the board was not valid
Billionaire Elon Musk bought a 9.2 percent stake in the company Twitter in early April, becoming the company’s largest owner. Twitter offered Musk a seat from his government the next day. However, Musk refused the place, though he was eager to share his ideas for improvement with the service.
Musk himself is a hard-working Twitter user whose tweets have had an impact on the rates of cryptocurrencies, among other things. He has over 80 million followers.