Elon Musk Offers to Buy 100% of Twitter

https://www.sec.gov/Archives/edgar/data/0001418091/000110465922045641/tm2212748d1_sc13da.htm

"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.

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.

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.

Twitter has extraordinary potential.  I will unlock it.

/s/ Elon Musk"

When you are the richest man in the world, anything is possible.

Personally I love Twitter, simple and easy to use, only problem for me is too many scammers and spammers.

Currently Twitter share price is $45.85, I think tonight when NYSE opens, price is going to rocket close to the $54.20. But watch out, he is offering to buy 100% of the shares but it doesn't mean he is 100% going to buy, any reversal and the price will go back to square one. Don't buy the hype.


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