Elon Musk offers to buy Twitter for $ 43 billion, saying the social media company “needs to be transformed into a private company.”
The billionaire and founder of Tesla, who is the largest shareholder of Twitter after revealing it it has a 9.2% stake. in the company, proposed on Thursday in a regulatory presentation buy all Twitter.
“I invested in Twitter because I believe in its potential to be the platform for freedom of expression around the world, and I believe that freedom of speech is a social imperative for a functioning democracy,” he said. the presentation. “However, since I made my investment now I realize that the company will not thrive or serve this social imperative in its current form. Twitter needs to be transformed into a private company.”
This is a story in development and will be updated.
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