He values the company at $ 43.39 billion. Twitter shares have jumped 11 percent today.
The founder of both SpaceX and Tesla, Elon Musk, wants to acquire Twitter Inc., which owns the social network with the same name. This was announced on Thursday, April 14, by Barron’s, citing regulatory documents.
It noted that Musk is offering $ 54.2 per share, giving an 18% premium to Wednesday’s closing price.
Musk’s proposal values the company at $ 43.39 billion.
In early March, it was learned that Musk owned a 9.2% stake in Twitter. The company offered him a seat on the board of directors on the condition that he could not hold more than 14.9% of the shares, but he refused to sit on the board.
Twitter shares jumped 11% in early trading on Thursday.
Recall that a few days before this, the head of Roscosmos Dmitry Rogozin, said that Musk was not interested in space, but in power on earth, and now Musk allegedly wants to be a media mogul in by buying media and social networks.
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Source: korrespondent
