Elon Musk changed his mind, proposed to buy Twitter on old offer

If reports are to be believed, Musk has expressed his intention to complete the deal by sending a letter to Twitter. This deal has already got the approval of the shareholders.

File photo of Elon Musk.

Image Credit source: AP

Elon Musk After several months of legal battle by twitter Shares of the company jumped on the news of moving forward on a $ 44 billion deal to acquire the company. After this the trading of shares had to be stopped. First this news was given by Bloomberg News quoting some sources. Musk has social media The company has been offered to acquire at a price of $ 54.20 per share. Shares of the company climbed 13 percent to $47.95 amidst reports of a move on the deal. of the shares business Had to stop If reports are to be believed, Musk has expressed his intention to complete the deal by sending a letter to Twitter. This deal has already got the approval of the shareholders.

Last month, a former Twitter security chief told the US Congress that the social media platform is battling with weak cyber security, privacy threats and an inability to control millions of fake accounts. Renowned cyber security expert Peter M Jetko appeared before the Senate Judiciary Committee to argue his allegations. He had said that Twitter was misleading the public, lawmakers and regulators and that the platform was more than a decade behind the industry’s best benchmarks. JETCO’s claims could also affect Tesla owner Elon Musk’s efforts to back out of a $44 billion deal to buy Twitter.

had joined his country Russia

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At the same time, news came out this morning that billionaire Elon Musk has given an opinion regarding the ongoing war between Russia and Ukraine. After this, he dominated on Twitter. In fact, Musk and Ukrainian President Vladimir Zelensky and his officials got into a tussle on Twitter when Musk asked Twitter users to voice their opinion on Russia’s peace plan to end the war in Ukraine. In his Twitter poll, Elon Musk proposed holding UN-supervised elections in four disputed territories, which Moscow had annexed to Russia after a referendum last week.