Elon Musk has made a controversial offer to buy Twitter. He believes that the company has huge potential and that he is the right person to make the most of it.
The world’s richest man will offer $54.20 per share in cash, valuing Twitter at about $43 billion. Shares of the company rose before the market opened. The price fell slightly to around $48 after investors started to consider the proposal. It is not clear if Musk will be successful in his attempt to buy the company.
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