Elon Musk says he’ll buy Twitter, again, for $54.20 a share, again
Posted On October 4, 2022
Elon Musk will actually buy Twitter — for real this time — at $54.20 a share. Musk confirmed the offer in a filing with the Securities and Exchange Commission. In the SEC filing, he says he will “proceed to closing of the transaction” on the terms he negotiated with Twitter in April, as long as the lawsuit Twitter brought against him to force him to close the deal is adjourned.
The filing follows reporting from Bloomberg that suggested Musk would close the deal under the original terms he proposed in April before trying to back out of it.
On Tuesday evening, Musk tweeted as though he is once again intrigued by the idea of owning Twitter — bots and all. “Buying Twitter is an accelerant to creating X, the everything app,” he wrote.