Elon Musk has made an offer to buy Twitter. Unmitigated, the SpaceX boss will pay the social media cash that is currently led by Jack Dorsey. However, Elon Musk's offer was rejected by Prince Alwaleed bin Talal of Saudi Arabia as one of Twitter's shareholders.
Musk previously filed with the US Securities and Exchange Commission (SEC) to take all Twitter shares worth USD 54.20 per share, with a total company valuation of USD 43.4 billion.
Please note, the share purchase proposal does not include the ownership of shares in Musk's pocket on social media with the bird logo at USD 54.20 per share.
"I invested in Twitter because I believe in its potential to be a platform for free speech worldwide, and I believe free speech is a democratic function that society should have," Musk said in a letter he sent to Twitter. 14/4/2022).
Musk, who really likes to play Twitter, wants to change the platform, so that it can grow in the future.
"However, since making the investment I now realize that the company will not grow or serve the needs of society in this form. Twitter needs to be changed as a private company," he said.
He also conveyed that this 100% share purchase offer is also the best and last offer.
Twitter itself revealed that it had received the offer from Elon Musk. The company said it would consider the offer carefully and carefully, this is in the interest of the company and all shareholders.