Musk

Twitter’s Board agreed to Sell the Social Network to Elon Musk for $44 billion

The board of Twitter has agreed to sell the social network to billionaire Elon Musk for $44 billion or $54.20 per share, which is nearly 38% above the closing price of Twitter shares on the 1st of April - before Musk revealed that he had bought about a 9 percent stake in social media.

Twitter reexamining Musk’s takeover offer: report

Twitter is reconsidering Elon Musk's buyout proposal, with discussions between the two camps ongoing Sunday, The Wall Street Journal reported, after the billionaire said Thursday he had secured the necessary funding.

"Twitter is taking a fresh look at the offer and is more likely than before to seek to negotiate," the business daily reported, citing sources familiar with the matter.

After Twitter poll, CEO Musk sells off $5 bln in Tesla shares

After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker's stock, raising over $5 billion.

The sales, disclosed in 10 regulatory filings late Wednesday, amount to about 3% of Musk's stake in the company.
About $1.1 billion will go toward paying tax obligations for stock options granted to Musk in September.

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