Elon Musk and Twtter: Twitter is all set to accept Elon Musk’s offer of $54.20 per share in cash

Sudarsan Roy | Kolkata | April 26, 2022 |

Elon Musk and Twtter: Twitter is all set to accept Elon Musk's offer of $54.20 per share in cash

Elon Musk: A few days ago, Elon Musk, an American millionaire, bought 9.2 percent ownership of microblogging site Twitter for around Rs 22,000 crore. Shortly afterwards, on April 21, Musk offered to pay $54.20 per share to buy Twitter, valued at about 4,125 in Indian currency. As such, the total market value of the company stands at ০০ 4.1 billion. The Indian figure stands at around Rs. 31,23,23,65,00,000.

Will the Twitter company accept Mask’s proposal at all? The news agency reports that Twitter has accepted Musk’s offer. Mask will pay the whole amount in cash to buy the shares, it is also known that. Neither Mask nor Twitter has yet commented on the matter. If all is said and done, they can announce it on the night of April 25 or on the morning of April 26.

Musk had previously said that if his proposal was not accepted, he would be forced to reconsider whether to keep his partnership. Musk claims that when he became a partner of Twitter, he thought that Twitter would become the main medium of freedom of speech in the world. But it is only after investing that he realizes that this is never possible for Twitter at present. So his goal is to transform it into a privately owned company.