Twitter Says It Intends To Move Forward With Elon Musk’s Revived $44 Billion Offer

On Monday, Tesla and SpaceX CEO Elon Musk sent a letter to Twitter executives proposing to buy the company at his original offer of $54.20 per share, or approximately $44 billion. Following the letter, shares of Twitter soared 22% to $52 at the close in New York, according to Bloomberg News. The news comes after a monthslong court battle between Twitter and Musk over his attempt to cancel his original offer made in April due to Twitter allegedly misleading Musk about the platform’s true number of users. Musk had alleged that the actual share of fake accounts could be as high as


