Is Elon musk preparing to buy Twitter???
Musk, the world's wealthiest man, says he wants to turn twitter into a privately owned company because he “believes freedom of speech is a societal imperative.” Elon Musk newly purchased a 9.2% stake in twitter and currently, he likes to purchase the entire company.
Elon Musk is very active on Twitter. More recently, he has bought a 9.2 percent stake in Twitter. For which a case of fraud is going on in a US court. Now Elon Musk has surprised once again. Actually, Elon Musk has offered to buy twitter at the rate of Rs 54.20 per share.
Company shares
On Wednesday, Twitter's stock was trading at $ 45.85 and on thursday it reached above $ 50 in pre-market trading. In a letter to twitter Chairman Brett Taylor, Elon Musk said, "I have invested in twitter because I believe it is the platform for free speech around the world. I believe that free speech is a social imperative for a functioning democracy.
Musk already owns 73,486,938 shares of twitter, which is currently worth $3.3 billion. According to the Bloomberg Billionaires Index, Musk's assets are currently worth about $260 billion
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