Nagpur: Tesla CEO Elon Musk is reportedly willing to invest up to $15 billion of his own money to take over Twitter, as per the New York post.
The billionaire is Twitter’s second-biggest shareholder with a 9.1 per cent stake and is planning to offer the tender to the company in the span of 10 days. The microblogging giant has, however, declined to comment about the development.
Earlier, the SpaceX CEO had offered $41 billion to buy the social media giant. On April 11, he had also turned down the offer to join the Twitter board. The Twitter CEO took to the site and announced the development. “Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here.”
Agrawal mentioned that the team was excited to offer Musk a position in the company and was supposed to join from 4/9. He said, “Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same morning he will no longer be joining the board. I believe this is for the best.”
Musk had purchased a 9.2 per cent stake in Twitter and since then Musk has suggested several changes that the platform should be brought. One of the changes was the Twitter ‘edit button’ which the company said is coming for everyone soon and will be tested for Twitter Blue users.
Agrawal also said, “there will be distractions ahead, but our goals and priorities remain unchanged. The decisions we make and how we execute is in our hands, no one else’s,” which hints that Twitter will not be bringing in changes suggested by the SpaceX CEO
