Elon Musk, co-founder of Tesla and SpaceX, has submitted an offer to acquire 100 percent of Twitter for $ 54.20 a share for a total of $ 43 billion. Musk already owns 9.2 percent of the recently acquired company and has served on the board of members. Musk specifies in the act that if his offer is not accepted he will get rid of his Twitter shares. Musk resigned from the board of directors without ever attending, thus fueling the rumor that he wanted him in the race to acquire the entirety of the company and turn it into a private company. “I invested in Twitter because I believe in its potential to be the platform dedicated to freedom of expression around the world, and I believe that free speech is a societal imperative for democracy to work,” Musk said in the takeover request. “However, since I made my investment, I have realized that the company will not survive or be able to meet its obligations in its current form. Twitter needs to be transformed into a private company.”
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