Twitter share price

The Twitter and Elon Musk saga is far from over as Elon Musk has made an offer to buy Twitter in an SEC filing. The billionaire has said he is willing to ...

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His takeover bid at $54.20 a share comes just weeks after he became the company's largest shareholder.

The possibility that Mr. Musk might move to buy the company outright arose this week, when Twitter announced that he would no longer join the board. When Elon Musk mulled taking Tesla private in 2018, he posted on Twitter to tell the world about it. When Twitter’s chief executive said Mr. Musk would no longer join the board, that agreement was severed, allowing Mr. Musk to act as any other shareholder. “If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder,” Mr. Musk said in the filing. But the price has mostly slumped since then, falling to about $33 a share last month. And those changes won’t happen without taking the company private.” And when he challenged President Vladimir V. Putin of Russia to one-on-one combat last month, he broadcast it on Twitter. It would value the company at about $43 billion. I will unlock it.” “Twitter has extraordinary potential. “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Mr. Musk said in the letter to Mr. Taylor sent on April 13. Mr. Musk said this was a “best and final offer,” representing a 54 percent premium over the day before he began investing in the company in late January, according to a Securities and Exchange Commission filing.

LONDON :Billionaire Elon Musk has offered to buy Twitter for about $41 billion, just days after rejecting a seat on the social media company's board.

"This is a deeply hostile move from Elon Musk who has threatened to ‘reconsider’ his 9.2per cent stake in the company if his 100per cent acquisition offer is rejected. "From customer service to the monetisation of its user base, Twitter has been a serial underperformer for some time. "Elon Musk's offer shows that he has very little confidence in current management and does not believe he can drive the necessary change while Twitter is still public, particularly its free speech policies.

Tesla CEO Elon Musk offers to buy Twitter. Tesla shares are falling, Twitter is rising and overall both stocks are worth less.

The move in Tesla stock, which is roughly 25 times more valuable, takes away about $21.1 billion in... Investors might be worried about distraction for Musk as Tesla ramps up production at new plants, but there are other potential concerns as well. Twitter (ticker: TWTR) stock was up 6.7% in premarket trading Thursday. Tesla (TSLA) fell 2%. The move in Twitter stock adds about $2.5 billion in market value.

Shares of Twitter Inc. soared Thursday, after its largest shareholder Elon Musk disclosed a bid to buy the rest of the social media company's stock that he.

Twitter than said it had named Elon Musk to its board of directors, only to have Musk confirm later that he wouldn’t join the board after all and could instead engage with the company without limitation. Twitter needs to be transformed as a private company.” Twitter’s stock has gained 9.0% year to date but has tumbled 32.5% over the past 12 months. Musk said that he would not play a “back-and-forth game” and that his $54.20-per-share bid is his “best and final offer.” However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter said it would “carefully review” Musk’s “unsolicited” bid and determine what it believes would be in the best interest of the company and its shareholders.

Days before Tesla CEO Elon Musk put in a bid to buy Twitter for $43 billion, Twitter CEO Parag Agrawal warned of “distractions ahead.

While Twitter's price tag is relatively small for the billionaire, some analysts had questioned whether it's really where Musk would want to spend his limited time. Then, Agrawal announced that Musk would join the Twitter board. Finally, Agrawal said Musk had changed his mind and decided not to join the board after all.

Elon Musk took aim at Twitter with a $41 billion cash offer on Thursday, with the Tesla CEO and billionaire entrepreneur saying the social media giant needs ...

"We think Musk could look to fund the transaction, if approved, through a combination of debt financing and potentially Tesla shares. "Since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Register now for FREE unlimited access to Reuters.com "Twitter has extraordinary potential. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

Twitter's board will evaluate an 'unsolicited, non-binding' offer from Tesla chief Elon Musk to acquire the social media company, Twitter said Thursday.

He didn’t explain why, but the decision coincided with a barrage of now-deleted tweets from Musk proposing major changes to the company, such as dropping ads — its chief source of revenue — and transforming its San Francisco headquarters into a homeless shelter. Shares of Twitter jumped 11% before the market open. Analyst Daniel Ives of Wedbush said in a client note that he believes “this soap opera will end with Musk owning Twitter after this aggressive hostile takeover of the company." Musk’s latest trouble with the SEC could be his delay in notifying regulators of his growing stake in Twitter. Musk also has a history of his own tweets causing legal problems. Twitter needs to be transformed as a private company."

Elon Musk wants to buy 100% of twitter, so is now a good to time to buy its shares? Here's a look at the arguments and guidance on how to make a share ...

In other words, don’t buy Twitter or any other shares thinking you are on to a sure-fire winner. Although Musk has said he’s not playing the ‘back-and-forth game’ the question is whether he would up his offer if it is rejected, which is difficult to predict, just like Musk himself.” Of course, if someone were to buy at today’s price and the deal did not go through and the price then fell, they would be left with a trading loss. “The biggest change, however, would be that the company would go private, allowing more flexibility and requiring less accountability. “Mr Musk has priced his offer attractively at a significant premium to yesterday’s close making Twitter’s decision even more difficult. The shares rose on news of the offer to reach $51.

Elon Musk offered to buy Twitter for $54.20 per share in a filing made public Thursday, calling it his 'best and final offer.'

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