Elon Musk offers to buy Twitter for more than $40bn
by Rupert Neate Wealth correspondent and Kari Paul in from Technology | The Guardian on (#5Y5TA)
Tech entrepreneur makes offer of $54.20 a share in cash to unlock potential' of social media site
How free speech absolutist' Elon Musk would transform Twitter
Elon Musk has launched an audacious bid to buy Twitter for $43.4bn (33bn), saying he wants to release its extraordinary potential" to boost free speech and democracy across the world.
The Tesla chief executive and world's richest person revealed in a regulatory filing on Thursday that he had launched a hostile takeover of Twitter. He further confirmed the move in a public appearance at the TED conference in Vancouver later that day.
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