Musk's offer of $43 billion for Twitter represents

Elon Musk, the world-famous billionaire, wants to spend roughly a sixth of his $259 billion fortune buying Twitter's ownership. It happened on Thursday, April 14th, when he publicized an offer to purchase Twitter for $54.20 a share.


Will Twitter accept Musk's offer? As of now, Twitter seems to avoid Musk's deal. It appears like Twitter will forsake the bid as too low and say "Twitter has more value than this deal highly enough."


Saudi Prince Alwaleed bin Talal commented that Musk's proposal underestimates Twitter.


Co-founder Jack Dorsey has The majority of the Twitter board's ownershipHe owns a total 2.4% share of the company.


Twitter is a platform that lets users share short messages with groups of people, comparable to mailing text messages. It is the largest social platform only after Facebook. Millions of active individuals tweet on Twitter every day. It has become a global platform where you can address what you want to.


However, according to Elon Musk, Twitter requires to become a platform of free speech. That's why he is ready to buy all the shares of Twitter to become the only owner of it. 


As of now, Mr. Musk's offer is currently at $54.20 a share. However, the world-famous billionaire is ready to throw a new bid.


Even though Elon Musk is ready to buy Twitter for 43$billion, owners of Twitter are showing no interest in MR. Musk's offer. As if Twitter's owners have no intention to sell away this largest social platform.


Elon Musk owns many high-revenue generating companies such as Space X, Tesla, etc. He is best known for his success with Tesla company and his goal with Space X company. He is among the Top 10 richest men, with more than $200 billions fortune.

It will be exciting to see how much money Elon Musk is ready to spend to own Twitter. Let's see if Twitter gets sold to Elon Musk or not.