Twitter: Multi-Billionaire Elon Musk Offers Lucrative Buy

Elon Musk made the offer in a text message to Twitter board chair Bret Taylor: “Twitter has extraordinary potential. I will unlock it,” he wrote.

 

Elon Musk has made an offer to buy Twitter in a deal that values the social media giant at $43.4 billion.

In a “best and final” offer that Musk sent via text message to Twitter board chair Bret Taylor, he wrote that “since making my investment, I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”

He added: “Twitter has extraordinary potential. I will unlock it.”

The offer was disclosed in a securities filing Thursday, which also included a voice script, either from a voicemail Musk left for Taylor, or from Musk’s side of a phone call with Taylor.