Tesla CEO Elon Musk offers to buy Twitter for $43 billion

Published April 14, 2022 6:34 AM

By MICHELLE CHAPMAN, MATT O’BRIEN and TOM KRISHER
AP Business Writers

Tesla CEO Elon Musk has offered to buy Twitter outright, saying the social media platform “needs to be transformed” from his perspective as a self-identified “free speech absolutist.” Musk is currently Twitter’s biggest individual shareholder. The company says in a regulatory filing that he has proposed buying the remaining shares of Twitter that he doesn’t already own at $54.20 per share. It’s an offer worth more than $43 billion. Twitter said it will decide whether accepting Musk’s offer is in the best interests of shareholders.

Article Topic Follows: AP National Business

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