Home / Market Update / Global Stock Market / Elon Musk offers to buy Twitter for $41.39 billion

Elon Musk offers to buy Twitter for $41.39 billion

A regulatory filing on Thursday said billionaire Elon Musk has offered to buy Twitter for $41.39 billion.

Musk’s bid of $54.20 per share represents a 38 percent premium to Twitter’s closing price on April 1, which was the last trading day before the Tesla CEO announced his investment in more than 9 percent of the company.

Check Also

Swiss Franc Edges Up Amid U.S. Tariff Pressures on Gold Exports

The Swiss Franc (CHF) gained slightly against the U.S. Dollar (USD) on Friday, with the …