Twitter has agreed to be acquired by Elon Musk, the billionaire CEO of Tesla Motors and SpaceX. The Board acknowledged an supply of $54.20 for every share, an total order cost of all-around $44 billion. This follows a day of rumors that the bid would be prosperous immediately after Musk managed to place alongside one another funding from a range of resources which include Morgan Stanley Financial institution.
This signifies a quickly-paced takeover pursuing Musk’s determination to turn down a seat on the Twitter board earlier this thirty day period. Musk himself has a lot more than 80 million followers