Elon Musk Offers To Buy Twitter For $43 Billion

The drama between Elon Musk and Twitter has taken another turn.

  • Musk is now offering to outright buy Twitter for $43 billion, saying the deal would be good for free speech and he will "unlock" its "extraordinary potential."
  • The billionaire and Tesla founder said in a regulatory filing Thursday, "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. However, since making my investment I now realize the company will neither thrive nor serve this social imperative in its current form."
  • Musk then added he would "reconsider" his investment in the company if his offer is rejected.
  • Why should we, the average Twitter user, care if Elon Musk owns the company or not?

Photo Credit: Getty Images


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