---
title: "Elon Musk Ready to Buy Twitter in $41 billion"  
description: "Twitter's share raises by some percentage as Elon Musk raveled his largest Shares in the social media giant company Twitter about 9% among all the investors"  
author: "Sanjay Goenka"  
published: 2022-04-14  
canonical: https://yourviews.mindstick.com/view/83271/elon-musk-ready-to-buy-twitter-in-41-billion  
category: "famous personalities"  
tags: ["social media", "twitter", "technology", "famous personalities", "elon musk", "tesla"]  
reading_time: 2 minutes  

---

# Elon Musk Ready to Buy Twitter in $41 billion

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Elon Musk became the biggest shareholder in Twitter with a 9.2% stake
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[Elon Musk](https://yourviews.mindstick.com/view/85512/elon-musk-mark-zuckerberg-two-business-tycoon-of-similar-age) offers to buy Twitter for **$41** billion after **[Twitter filed a suit against Musk](https://www.mindstick.com/news/1559/suit-filed-against-elon-musk-by-twitter-shareholder-over-delay-in-disclosing-stake)** for over delay in disclosing a stake in the company. Under US law, the investors must reveal their shares if the amount cross 5% of the share amount.\

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![Elon Musk Ready to Buy Twitter in 41 billion](https://yourviews.mindstick.com/viewsolution/74c31f67-9efc-483f-8e12-2ffbc7cba475/images/11c3d1e1-fcbb-4387-974c-79886c06bbb6.jpeg)\

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After the company has rejected the request of the [social media](https://www.mindstick.com/articles/13056/how-to-leverage-social-media-to-attract-lots-of-blog-traffic) giant investor Elon Musk for acquiring a seat on the board of the social media company. Musk has offered $54.20 per share which was disclosed in a regulatory filing on Thursday.

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In premarket trading, the shares of the company Twitter jumped by 12%.

In a letter sent to the chairman Bret Taylor by Elon Musk “Since making my [investment](https://www.mindstick.com/articles/13065/an-investment-in-certification-software-gives-peace), I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed into a [private company](https://answers.mindstick.com/qa/93007/what-is-private-company-advantages-and-disadvantages),” the letter contains.

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**Also Read: [Sri Lanka's largest Public March Against the Rajapaksa Government](https://yourviews.mindstick.com/view/83270/sri-lanka-s-largest-public-march-against-the-rajapaksa-government)**

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In its filing, he said “I invested in Twitter as I believe in its potential to be the platform for [free speech](https://answers.mindstick.com/qa/35809/which-amendment-guarantees-the-right-to-free-speech) around the globe, and I believe free speech is a social imperative for a functioning democracy,” he added “However 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.”

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Billion Investor Elon Musk said he had abandoned his plan to join Twitter’s Board. Musk added “My offer is my best and final offer and if it is not accepted, I would need to reconsider my [position as](https://answers.mindstick.com/qa/62160/according-to-the-henley-passport-index-india-ranks-which-position-as-the-world-s-most-travel-friendly-passport) a [shareholder](https://www.mindstick.com/news/1547/blackberry-trying-to-settle-shareholder-lawsuit-over-blackberry-10-to-avoid-trial),” Elon Musk said.

To Read such More Views tune in to **[MindStick YourViews](https://yourviews.mindstick.com/)** Section.

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Original Source: https://yourviews.mindstick.com/view/83271/elon-musk-ready-to-buy-twitter-in-41-billion

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