# HEY BIG SPENDER! Elon Musk Offers to Buy Twitter

By Human Events · Published 2022-04-14 · News & Analysis › Media · https://humanevents.com/news/hey-big-spender-elon-musk-offers-to-buy-twitter

> Tesla’s CEO Elon Musk offered to buy all of Twitter at the whopping price of over $43 billion. Musk called the offer his “best and final,” and said if it wasn’t accepted he would have to reconsider his position as a shareholder. As previously reported by Human Events News, last week, Musk bought a 9.2 \[…\]

Tesla’s CEO Elon Musk offered to buy all of Twitter at the whopping price of over $43 billion.

Musk called the offer his “best and final,” and said if it wasn’t accepted he would have to reconsider his position as a shareholder.

As previously reported by *Human Events News*, last week, Musk bought a 9.2 percent stake in the company, making him its largest shareholder.

Musk made the offer in a [regulatory filing](https://justthenews.com/nation/technology/elon-musk-offers-buy-twitter?utm_source=breaking&utm_medium=email&utm_campaign=newsletter) on Thursday.

“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk wrote in a letter to Twitter’s board chair.

“However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company,” he continued.

“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,” he wrote.

“Twitter has extraordinary potential,” he added. “I will unlock it.”