Elon Musk offers to buy Twitter for $43 billion

The "crazy" days on Twitter continue, as today another episode was added to the relationship of the popular social network with the eccentric multi-billionaire Elon Musk.

The latter is constantly in the news for two weeks, either with his proposal to add the edit button, or with the acquisition of 9.2% and his refusal to the company's proposal to take an active role on its board. This time, however, things got very serious and we may be facing a historic turning point.

Elon Musk revealed today that he has already informed the US Trade Commission (SEC) about the financial proposal he submitted to Twitter in order to acquire its 100%. In particular, his proposal is extremely impressive, reaching a value of $ 43 billion (!), Ie $ 54.20 for each share, and in fact it is the final one in the sense that he will not return with a new one, nor will he enter into time-consuming negotiations.

As he notes, his proposal is made in order to take Twitter into his own hands, to turn it back into a private company (its shares will not be traded on the Stock Exchange) and his motive is to ensure freedom of speech in the social network, something that characterizes as the pillar for any functioning democracy.

I invested in Twitter because I believe in the dynamics of the platform for advocating for freedom of speech, and because freedom of speech is the norm for any functioning democracy. Therefore, I offer to buy 100% of Twitter for $ 54.20 per share, a value 54% higher than the value of the stock on the day I first invested in it, and 38% higher than its value the share when my proposal became known.

It is worth noting that in the event of a negative response from the Twitter Board, Elon Musk may sell all the shares he has bought to date.