Elon Musk has offered to buy 100% of Twitter for $43 billion, or at $54.20 per share. Musk says that this offer will be his “best” and “final” proposal.
Twitter’s board has confirmed that they have received the offer, but still have to review it before accepting or denying it. In an interview following the announcement, Elon Musk teased that he does have a plan B if his offer were denied.
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Elon also made a note in a statement to the company, that if his offer is denied that he would have to reconsider his position as a shareholder, placing the company in a risky position.
When news of the offer broke, liberal Twitter exploded in outrage and resentment for Musk.