In a letter delivered to Twitter yesterday, Elon Musk delivered a non-binding proposal to acquire all of Twitter stock not owned by the reporting person for all cash consideration valuing the stock at $54.20 per share.
Musk says this is his „best and final offer“ and that if it isn’t accepted, he would „need to reconsider my position as a shareholder“. Before yesterday, Musk held a 9.1% stake in the company after this move here.
Let the memes begin.