<p lang="EN-US" paraeid="{52b67b74-7e19-4221-9b53-f32f946819f1}{60}" paraid="1660413685" >According to a regulatory filing, billionaire Elon Musk has made an offer of $41.39 billion to buy social microblogging site, Twitter.&nbsp; &nbsp;</p>

<p lang="EN-US" paraeid="{52b67b74-7e19-4221-9b53-f32f946819f1}{125}" paraid="1947746362" >Musk’s relationship with this social media platform is quite long. After holding numerous polls on it, the Tesla CEO had recently suggested a raft of changes for the platform. He was also going to join its board of directors but later abandoned the plan. Elon Musk was also reportedly sued by the shareholders of Twitter. &nbsp;</p>

<p lang="EN-US" paraeid="{52b67b74-7e19-4221-9b53-f32f946819f1}{125}" paraid="1947746362" ><strong>Also Read:&nbsp;<a href="https://www.wionews.com/world/russias-ukraine-invasion-costs-us-company-boeing-over-90-jet-orders-470797" hreflang="en">Russia's Ukraine invasion costs US company Boeing over 90 jet orders&nbsp;</a></strong></p>

<p lang="EN-US" paraeid="{52b67b74-7e19-4221-9b53-f32f946819f1}{139}" paraid="787805850" >The billionaire is offering a price of $54.20 per share. It was disclosed in the filing on Thursday. He has looked to give a 38% premium over the closing price of stock of Twitter on April 1. It was the last day of trading before Musk's investment of over 9% in the firm was announced publicly. &nbsp;</p>

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">I made an offer <a href="https://t.co/VvreuPMeLu">https://t.co/VvreuPMeLu</a></p>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1514564966564651008?ref_src=twsrc%5Etfw">April 14, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

<p>In pre-market trading, the shares of Twitter have also jumped by around 12%. &nbsp;</p>

<p lang="EN-US" paraeid="{52b67b74-7e19-4221-9b53-f32f946819f1}{153}" paraid="1853585691" ><strong>Watch | Gravitas: Elon Musk offers to buy Twitter</strong></p>

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/gravitas-elon-musk-offers-to-buy-twitter-471085/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

<p>In a letter to Twitter Chairman Bret Taylor, Musk, said, "Since making my investment, I now realise the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder." &nbsp;</p>

<p lang="EN-US" paraeid="{52b67b74-7e19-4221-9b53-f32f946819f1}{181}" paraid="70167869" ><em>(With inputs from agencies)&nbsp;</em></p>


According to a regulatory filing, billionaire Elon Musk has made an offer of $41.39 billion to buy social microblogging site, Twitter. Musk’s relationship with this social media platform is quite long.

According to a regulatory filing, billionaire Elon Musk has made an offer of $41.39 billion to buy social microblogging site, Twitter. Musk’s relationship with this social media platform is quite long. After holding numerous polls on it, the Tesla CEO had recently suggested a raft of changes for the platform. He was also going to join its board of directors but later abandoned the plan. Elon Musk was also reportedly sued by the shareholders of Twitter. Also Read: Russia's Ukraine invasion costs US company Boeing over 90 jet orders The billionaire is offering a price of $54.20 per share. It was disclosed in the filing on Thursday. He has looked to give a 38% premium over the closing price of stock of Twitter on April 1. It was the last day of trading before Musk's investment of over 9% in the firm was announced publicly. I made an offer https://t.co/VvreuPMeLu — Elon Musk (@elonmusk) April 14, 2022 × In pre-market trading, the shares of Twitter have also jumped by around 12%. Watch | Gravitas: Elon Musk offers to buy Twitter × In a letter to Twitter Chairman Bret Taylor, Musk, said, "Since making my investment, I now realise the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder." (With inputs from agencies)

Elon Musk looks to 'solidify relationship' with Twitter, offers to buy for $41.39 billion

regulatory-filing

Regulatory Filing, News on Regulatory Filing, stories on Regulatory Filing, articles on Regulatory Filing, Regulatory Filing stories at Wion, Regulatory Filing news, Regulatory Filing latest news