8.1 C
New Delhi
Thursday, December 12, 2024
HomeTechElon Musk maneuvers to buy Twitter, analyst says 'almost a Twilight Zone...

Elon Musk maneuvers to buy Twitter, analyst says ‘almost a Twilight Zone moment’


Tesla CEO Elon Musk has offered to buy Twitter outright, saying the social media platform “needs to be transformed” from his perspective as a self-identified “free speech absolutist.” Musk is currently Twitter’s biggest individual shareholder. The company says in a regulatory filing that he has proposed buying the remaining shares of Twitter that he doesn’t already own at $54.20 per share. It’s an offer worth more than $43 billion. Analyst Daniel Ives of Wedbush said in a client note that he believes “believe this is going to spark a sale in one form or another of Twitter.”




Source link

- Advertisment -

YOU MAY ALSO LIKE..

Our Archieves