Tesla CEO Elon Musk Offers To Buy Twitter For $43B

Elon Musk has proposed to take Twitter private, offering $54.20 per share, a significant premium over its current value. He believes Twitter cannot thrive or support free speech as a public company. Musk's unpredictability is highlighted, with past examples of bold announcements. Twitter's stock has risen, and the company is reviewing Musk's proposal to determine the best course of action for its stakeholders.

What is the main reason Musk gives for wanting to take Twitter private?

• To increase advertising revenue

• To reduce operational costs

• To merge it with Tesla

• To enhance free speech and help the company thrive

What premium did Musk offer over the day before his investment was publicly announced?

• 25%

• 10%

• 54%

• 38%

What did Musk express about his interest in taking over Twitter after buying stock?

• He wanted to merge it with another company

• He planned to sell his shares quickly

• He showed little interest and declined a board seat

• He was eager to take over immediately

How does the author describe Musk's tendency when making announcements?

• He is always cautious and reserved

• He often makes bold announcements that are sometimes discounted

• He never follows through on his announcements

• He is always predictable and consistent

What was Twitter's response to Musk's proposal?

• They immediately accepted the offer

• They rejected the offer outright

• They stated they would review the proposal

• They ignored the proposal