Dramatic turn of events: Elon Musk, the all-powerful head of Tesla, targets social networks and makes an astronomical offer to buy Twitter.
The businessman behind Tesla and SpaceX has once again made a significant move in the market with an offer to buy the famous social network Twitter amounting to… 43 billion dollars!
Is Twitter soon to be in the hands of Elon Musk?
The richest man in the world, a major user of the platform, is indeed determined to acquire the blue bird company and take it off the stock market. And in case of refusal from the latter, Elon Musk will reconsider his investment in the company (as a reminder, he holds 9.2% of the platform’s capital).
Elon Musk believes that Twitter has immense potential that remains to be developed, as he is very attached to freedom of expression. He had already spoken out on Twitter a few weeks ago, criticizing the social network’s features. Now, he is entering into a battle with its shareholders.
