Musk, believed to be the richest particular person on the planet, boasts a staggering web value of $273billion (£212bn) and supplied to purchase Twitter out utterly after changing into the social media firm’s largest shareholder late final month.
In a letter obtained by the US Security and Exchanges Commission, Musk seemingly made his ‘finest and last provide’ to purchase Twitter utterly.
The world’s richest man has supplied to pay $54.20 (£42) per share in money, or round $43billion (£32billion).
Musk, who’s one in every of Twitter’s most-followed customers, not too long ago purchased a 9.2% share within the social media big and have become the corporate’s largest shareholder.
However, after making a sequence of controversial recommendations about modifications to the corporate, together with including an ‘edit’ button to posts and turning Twitter’s headquarters right into a homeless shelter, Musk introduced he wouldn’t be taking over an supplied seat on Twitter’s board of administrators.
Now, amid all of the hypothesis round him shopping for the social media platform, he has tweeted: “Moving on …”
The quick and candy cryptic message has individuals drawing their very own conclusions on what the Tesla proprietor means. @CarmineSabia tweeted: “I pray that does not mean what I think it means.”
@Quintin24 replied: “No Twitter acquisition?”
@3YearLetterman replied, with 1000’s of individuals liking the tweet, saying: “Bill Gates literally invented computers. Show some respect and delete this.”
When Musk turned down a place on the board of administrators, Twitter CEO Parag Agrawal stated it was “for the best.”
He stated: “We have and will always value input from our shareholders whether they are on our board or not. Elon is our biggest shareholder and we will remain open to his input.”