Twitter has given its green light to Elon Musk’s offer to purchase the social network. According to the Wall Street Journal, confirmation should come shortly, and a $44 billion Twitter valuation will be announced. There are several doubts about the increase in the value of the operation, which is higher than the $43 billion dollars proposed by the Tesla owner after buyong more than nine percent of the shares of the social network more than 10 days ago, March 14, . .
Why does Elon Musk want to buy Twitter?
News that the richest man in the world had also become the largest shareholder of his favorite social media platform sent the share price up. The company responded by offering him a seat on the board of directors, a move that would have limited him to owning just 15 percent of the company. At first, the tycoon seemed ready to accept the offer, only to reject it and launch his offer: the purchase at a price higher than the market price of the entire platform. Twitter stock on Wall Street is up 5.70% to $ 51.72.
Elon express in one of his polls on Twitter the desire to make Twitter a safe space for free speech.
And his last tweet before the new of the purchase went viral is