Why Does Musk Want To Buy Twitter. Earlier on April 19th Musk tweeted A social media platforms policies are good if. Last week Musk made a 43 billion cash offer for the company saying that in order for Twitter to grow it needs to be taken private.
SOPA Images via Getty Images Elon Musk the richest person in the world has offered to buy Twitter for more than 40 billion dollars 305 billion in a move that prompted the same question across the world. Card 1 of 3. Musk was asked why he wants to buy Twitter.
The intention lies hidden in his answer.
Mr Musk offered to buy Twitter for 43bn at 5420 per share which represents a 38 per cent premium on its stocks closing price on April 1 the last trading day before his investment of 92 per cent in the company was publicly announced. Elon Musk the worlds wealthiest man made an unsolicited bid worth more than 43 billion for the social media company. He offered USD 43 billion for a company with a USD 37 billion market cap. But why does Elon Musk want to buy Twitter and take it private.
