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Elon Musk has agreed to buy Twitter

Elon Musk, the CEO of Tesla and SpaceX, has agreed to buy the social media platform Twitter. Now, he already agreed to buy the company months ago, but he soon backed out of the deal, and that’s when the drama started. There was lawsuit after lawsuit, as Musk and Twitter both sued each other multiple times. Twitter wanted the deal to go through, and Musk wanted to abandon the deal. But, Musk just agreed to buy Twitter at the original price that he proposed, which is $54.20 per share. After the news was announced, Twitter’s shares went up 22%!

Source: https://www.cnbc.com/2022/10/04/twitter-shares-halted-on-report-that-musk-plans-to-go-through-with-deal-at-54point20-a-share.html 

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