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

Dollar Climbs Amid Trade Talk Confusion and Fed Rate Cut Hopes

The US Dollar gained ground on Friday, with the US Dollar Index (DXY) rising 0.37% …