
SpaceX and Tesla CEO Elon Musk. File photoMOSCOW, Apr 14American entrepreneur and world's richest man Elon Musk is ready to buy all of Twitter's shares for $54.2 each, according to a filing with the US Securities and Exchange Commission.Shares companies have already jumped in price by 13% at the pre-bidding. in a statement. In early April, Musk said he owns a 9.2% stake in Twitter. «I'm offering to buy 100% stake in Twitter at $54.20 each, at a 54% premium over the day before the Twitter investment began, and at a 38% premium compared to the day prior to the public announcement of my investment. My proposal is the best and final, and if it is not accepted, I will have to reconsider my position as a shareholder, «Musk said in a letter, attached
One of Twitter's shareholders sued Elon Musk, according to the statement, the total number of Twitter shares is 800,641,166. Thus, based on the price offered by Musk, the company is valued at $43.4 billion. In addition, the billionaire believes that Twitter should be made a non-public company. «I invested in Twitter because I believe in its potential to become a platform for free speech around the world … However, after I made my investment, I understand that the company will neither prosper nor serve this purpose in its current form .Twitter needs to transform into a non-public company,» Musk explains in the letter.

