Elon Musk is going to buy Twitter. Twitter is about $54.20 per share. Tesla CEO Elon Musk is interested in Twitter worth about $44 billion, and that’s all in cash. Elano is very active on Twitter. Due to this, his shares fall so many times.
Elon, the richest man in the world, has announced that he wants to buy Twitter. As per Blumberg’s report that Elon intends to buy out its old offer.
The Twitter stock ended the day up 22 percent after the letter was written on the proposal. The controversy over data related to user base fake accounts continued. Elanmusk’s main allegation is that Twitter has leaked information about the fake account.
Elon mainly apposed on “Twitter was putting users’ privacy data & sensitive company information at risk through lax security practices:”. Twitter has made several attempts to pull out of the deal, blaming it for not providing accurate information about bots. While Twitter says 5% are bots, Musk thinks the number is much higher. 90% of comments on his account are bots. Musk finally agreed to buy Twitter. After months of negotiations and court hearings, he agreed to the buyout. It is reported that many changes are coming on Twitter.
