Elon Musk

The Tesla CEO says the social media platform "needs to be transformed".

The billionaire executive recently became one of the company's largest shareholders. Now he says he wants to buy the whole thing and change how it handles ...

Just hours after confirming his bid to buy Twitter, Musk spoke on takeover plans and railed against the SEC.

Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media company's board of directors. Twit.

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.

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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Elon Musk launches hostile takeover bid of Twitter · The Tesla CEO, who recently became the social media company's largest shareholder, is offering $54.20 per ...

Fred Wilson, a New York-based venture capitalist, said the platform is “too important” to be owned and controlled by a single person. The price of the takeover bid ― $54.20 per share ― may also be a veiled reference to a previous episode that landed Musk in trouble with the securities regulators. Rep. Lauren Boebert (R-Col.) said Musk deserves a medal for his “patriotic and necessary” fight for free speech. In 2018 Musk tweeted that he had secured funding to take Tesla private at $420 a share ― a possible reference to the unofficial pot-smoking holiday of April 20. “Is Twitter dying?” he asked early Saturday morning. The decisions we make and how we execute is in our hands, no one else’s. Let’s tune out the noise, and stay focused on the work and what we’re building.” Over the weekend, Musk unloaded a series of sharply barbed tweets at the company. Such a stake gives him leverage over the company moving forward; if he decided to sell his shares, it could send the company’s stock price sharply lower. While Musk is a prolific Twitter user with more than 80 million followers, he also is a frequent critic: In late March, he’d suggested in a tweet that he was considering launching his own social media company. He went on to question Twitter’s most popular users, its San Francisco headquarters and its process for authenticating accounts. But since his investment, he has come to “realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”

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.

But his offer, which seemed to fall flat with investors on Thursday, raises as many questions as it answers. Among them: Is he serious? Can he get the money ...

Elon Musk's hostile takeover bid for Twitter on Thursday prompted many employees to privately express concerns that the incendiary Tesla CEO would change ...

Tesla and SpaceX billionaire Elon Musk has put forward an offer to buy Twitter to turn it into a free expression haven, but his vision of the platform ...

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

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 ...

Some billionaires buy newspapers, magazines and sports teams. Elon Musk is trying to buy a social network that he himself admits might cause much of the ...

Live updates on billionaire Tesla CEO Elon Musk's offer to buy Twitter in a deal valuing the social media company at $43 billion.

On making Twitter more transparent: “In my view, Twitter should match the laws of the country and really there is an obligation to do that. On a top priority if he buys Twitter: “Eliminating the spam and scam bots and the bot armies that are on Twitter. They make the product much worse. On why Twitter matters: “It’s important to the function of democracy. Twitter’s largest shareholder, Musk shook up the tech industry on Thursday by offering to buy it for $54.20 a share and take it private. On why he wants to buy Twitter: “It’s very important for there to be an inclusive arena for free speech. If that is the case, then we have free speech." Later Musk tweeted: "If the current Twitter board takes actions contrary to shareholder interests, they would be breaching their fiduciary duty. “I don't believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects,” he tweeted. "It would be utterly indefensible not to put this offer to a shareholder vote," Musk replied. What are the Kingdom’s views on journalistic freedom of speech?” Musk made the comments at the TED2022 conference in Vancouver. He said Thursday's offer is his “best and final offer.”

The defensive move from Twitter is an attempt to fend off Musk's hostile takeover attempt of the social network.

Twitter's board of directors has adopted a limited-term shareholder rights plan called a "poison pill" that could make it harder for Elon Musk to acquire ...

Twitter has announced a limited-duration shareholder rights plan that may thwart billionaire entrepreneur Elon Musk's attempts to take over the company. Musk, ...

Taking to Twitter today, Dorsey answered a couple questions posed by a Twitter user: Was Musk investing contingent on Dorsey leaving? Did Dorsey leave because ...

The strategy allows existing shareholders to buy additional shares at a discount and is in place for a year.

Twitter moved Friday to block tech baron Elon Musk's proposed takeover of the social media company, adopting a strategy known as a "poison pill" that's ...

The billionaire launched his takeover bid this week after weeks of back-and-forth wrangling with Twitter since he became a major shareholder. First, he was ...

So, Elon Musk now wants the rest of Twitter now? What a bizarre two weeks it has been. After buying 9% of the company, being offered a seat on the board,

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.

The defensive move from Twitter is an attempt to fend off Musk's hostile takeover attempt of the social network.