Twitter stock

Musk, 50, announced the offer in a filing with the U.S. Securities and Exchange Commission on Thursday. The billionaire, who also controls Tesla Inc., first ...

closing price and a value of about $43 billion. He has been outspoken about changes he’d like to consider imposing at the social media platform, and the company offered him a seat on the board following the announcement of his stake, which made him the largest individual shareholder. Musk, 50, announced the offer in a filing with the U.S. Securities and Exchange Commission on Thursday. The billionaire, who also controls Tesla Inc., first disclosed a stake of about 9% on April 4.

Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company needs to be transformed privately.

My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. "My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder." The Tesla CEO has previously criticized the social media giant publicly, polling people on Twitter last month about whether the company abides by free speech principles. I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. CNBC's David Faber reported on " Squawk on the Street" that Twitter's board will meet at 10 a.m. to evaluate the bid, per people familiar. "I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy," Musk wrote in a letter sent to Twitter Chairman Bret Taylor and disclosed in a securities filing.

Tesla CEO Elon Musk offers to buy Twitter. Tesla shares are falling, Twitter is rising and overall both stocks are worth less.

The move in Tesla stock, which is roughly 25 times more valuable, takes away about $21.1 billion in... Investors might be worried about distraction for Musk as Tesla ramps up production at new plants, but there are other potential concerns as well. Twitter (ticker: TWTR) stock was up 6.7% in premarket trading Thursday. Tesla (TSLA) fell 2%. The move in Twitter stock adds about $2.5 billion in market value.

Shares of Twitter Inc. soared Thursday, after its largest shareholder Elon Musk disclosed a bid to buy the rest of the social media company's stock that he.

Twitter than said it had named Elon Musk to its board of directors, only to have Musk confirm later that he wouldn’t join the board after all and could instead engage with the company without limitation. Twitter needs to be transformed as a private company.” Twitter’s stock has gained 9.0% year to date but has tumbled 32.5% over the past 12 months. Musk said that he would not play a “back-and-forth game” and that his $54.20-per-share bid is his “best and final offer.” However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter said it would “carefully review” Musk’s “unsolicited” bid and determine what it believes would be in the best interest of the company and its shareholders.

Musk's offer comes after the Tesla and SpaceX CEO became Twitter's largest shareholder. Musk says he will unlock Twitter's potential.

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If you think Musk's $43 billion offer will unlock a bidding war, you should buy Twitter stock. Tesla shareholders should look out below because Musk might ...

In theory, Tesla could acquire Twitter. But more likely, Musk will pay for the company himself — and one way to finance that would be to sell Tesla shares — which are down 1.7% in pre-market trade. One analyst thinks that another possibility is to borrow the money. Twitter needs to be transformed as a private company,” he wrote. He threatened to sell his shares if Twitter does not accept his offer. Musk has offered to buy the rest of Twitter that he does not already own for more than $43 billion. A week ago, I argued that Elon Musk should not take Twitter private for $41 billion.

Elon Musk wants to buy 100% of twitter, so is now a good to time to buy its shares? Here's a look at the arguments and guidance on how to make a share ...

In other words, don’t buy Twitter or any other shares thinking you are on to a sure-fire winner. Although Musk has said he’s not playing the ‘back-and-forth game’ the question is whether he would up his offer if it is rejected, which is difficult to predict, just like Musk himself.” Of course, if someone were to buy at today’s price and the deal did not go through and the price then fell, they would be left with a trading loss. “The biggest change, however, would be that the company would go private, allowing more flexibility and requiring less accountability. “Mr Musk has priced his offer attractively at a significant premium to yesterday’s close making Twitter’s decision even more difficult. The shares rose on news of the offer to reach $51.

Shares of Twitter ( TWTR 0.76% ) were running 1.8% higher at 10:42 a.m. ET on Thursday after Elon Musk offered to buy the short-form messaging platform for ...

With the stock only rising 3% at the market's open, it's fair to suggest there's not a lot of faith that Twitter will accept the bid. Musk had also said that was his "best and final" offer for the company, and if it wasn't accepted, he would consider dumping all of his stock in the company. His bid today, announced with the tweet "I made an offer," shows in what direction he wants to go.

His takeover bid at $54.20 a share comes just weeks after he became the company's largest shareholder.

The possibility that Mr. Musk might move to buy the company outright arose this week, when Twitter announced that he would no longer join the board. When Elon Musk mulled taking Tesla private in 2018, he posted on Twitter to tell the world about it. When Twitter’s chief executive said Mr. Musk would no longer join the board, that agreement was severed, allowing Mr. Musk to act as any other shareholder. “If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder,” Mr. Musk said in the filing. But the price has mostly slumped since then, falling to about $33 a share last month. And those changes won’t happen without taking the company private.” And when he challenged President Vladimir V. Putin of Russia to one-on-one combat last month, he broadcast it on Twitter. It would value the company at about $43 billion. I will unlock it.” “Twitter has extraordinary potential. “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Mr. Musk said in the letter to Mr. Taylor sent on April 13. Mr. Musk said this was a “best and final offer,” representing a 54 percent premium over the day before he began investing in the company in late January, according to a Securities and Exchange Commission filing.

Elon Musk has offered to buy the rest of Twitter Inc. in a deal valuing the social-media company at more than $43 billion.

My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. a. There will be more detail in our public filings. Elon Musk has offered to buy Twitter Inc. in a deal valuing the social-media company at more than $43 billion. As I indicated this weekend, I believe that the company should be private to go through the changes that need to be made. change in the public market, I would need to reconsider my position as a shareholder. I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

Elon Musk's offer to buy Twitter sparked concerns among Tesla investors and analysts that the electric carmaker could suffer as the chief executive becomes ...

Elon Musk's offer to buy Twitter sparked concerns among Tesla investors and analysts that the electric carmaker could suffer as the chief executive becomes…

The complaint accuses Mr Musk of violating a regulatory deadline to reveal he had accumulated a stake of at least 5.

Check out the companies making headlines in midday trading. Twitter — Twitter shares fell 1.7% after surging earlier on news that Elon Musk offered $54.20 a ...

Twitter (TWTR) is in a state of flux. The richest man in the world, Elon Musk, purchased a 9.2% interest in the company and is now seeking a hostile ...

As the dogecoin price begins to trade in tandem with Twitter stock, Musk, Vlad Tenev, the chief executive of trading app Robinhood, and FTX chief executive ...

Saudi Arabia's Prince Alwaleed bin Talal rejected Elon Musk's bid to acquire Twitter Inc. for $54.20 per share, saying the deal doesn't “come close to the ...

Shares of Twitter have gotten a nice lift since Elon Musk entered the picture. But KeyBanc analysts said the gains are likely to reverse, downgrading the ...

Tesla CEO Elon Musk offered to buy Twitter on Thursday, but the stock traded lower, a sign of what investors think of the bid.

The company appears intent on trying to fend off the billionaire's bid to buy it in a deal that could be worth more than $40 billion.

Uncertainty around Musk's offer to buy Twitter is a “downside risk,” according to experts.

Vanguard Group said its funds now own a 10.3% stake, according to a recent SEC filing. Musk said on Thursday he's "not sure" if his $43 billion takeover bid for ...

Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire Elon Musk offered to buy the company for ...