Elon Musk’s revived $44 billion Twitter bid is another twist in this tale, but it may not be the last
With only about two weeks to go before a court case over his attempts to withdraw his $44 billion offer to buy Twitter, Elon Musk’s second U-turn over the deal shows the world’s richest man is still full of surprises.
His latest decision to resurrect the offer to acquire the social media platform for $54.20 per share is not a huge shock – speculation that he would lose the case was rife.
But it is surprising that he has decided to reinstate his original price offered last April, rather than attempting to negotiate a lower figure.