Musk Proposes Twitter Deal to Proceed at Original Price

Elon Musk has expressed his intention to proceed with purchasing Twitter at the original offer price of $54.20 per share, valuing the company at approximately $44 billion. This decision comes ahead of a scheduled trial in Wilmington, DE, where legal proceedings were set to address Musk's previous attempts to withdraw from the deal. Market reactions have been closely monitored, with share price and Wall Street psychology indicating skepticism about the deal's completion. Depositions of key figures, including Musk and Twitter CEO Parag Agrawal, have taken place as legal strategies unfold. Ultimately, Musk has confirmed his offer to buy Twitter, aligning with the original terms proposed earlier in the year.

What was the total valuation of Twitter based on Musk's offer?

What was the original offer price per share that Elon Musk proposed for Twitter?

What was the date set for the trial regarding Musk's acquisition of Twitter?

What percentage did Bloomberg Intelligence estimate for the odds of proceeding with the original terms of the deal?

What action did Elon Musk take regarding his intention to buy Twitter?