Elon Musk offers to buy Twitter

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Elon Musk offers to buy Twitter


Elon Musk, CEO of electric carmaker Tesla, has offered to buy full ownership of the microblogging platform Twitter after buying the shares. He also considers himself worthy of being 'exposed' to the 'extraordinary potential' of social media.


He wants to take full ownership of Twitter for 41 billion. However, he also threatened if the Twitter authorities did not agree to his proposal. He said that if he did not agree to the offer, he would consider giving up the 9.2% share of Twitter he bought.


Elon Musk said Twitter could be a medium for free expression around the world. And being able to express one's opinion freely is the beauty of true democracy. This is what I believe, Elon Musk. So I invested in it on Twitter.


"Directly following placing assets into Twitter, I comprehended that at present the association can't upgrade its social prerequisites," he said. So it needs to be completely transformed into a private company. Twitter has tremendous potential; I will expose it. Added Elon Musk.


Earlier, after buying the shares, Elon Musk was invited to join the board of Twitter by the company's CEO Parag Agarwal. Elon Musk, however, rejected the offer. Agarwal then said that even though he did not participate in, the board, his company took opinions on important issues of shareholders.

Source: Reuters

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