Elon Musk’s Twitter will be a wild ride

Elon Musk, who for months has been strenuously trying to back out of a deal to buy Twitter for $44 billion, now appears ready to buy the company after all. In a surprise letter to Twitter on Monday night, Musk offered to take Twitter private at his originally proposed price — $54.20 per share — marking a possible end to one of the most dramatic legal feuds in Silicon Valley history.

It’s worth noting that the deal could still fall apart — Musk is famously subject to eleventh-hour mood shifts — but the most likely outcome now is that the world’s richest man will in fact become Twitter’s new owner, possibly as soon as this week.