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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.”




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