Why Does Musk Want To Buy Twitter. Elon Musk has made an offer to buy Twitter at 5420 a share valuing the company at roughly 43 billion. The bid represents an increase on its market capitalisation of about 344bn at the close on Thursday.
But why does Elon Musk want to buy Twitter and take it private. All of Twitter itself. The billionaire Tesla and SpaceX boss has proposed.
Musk was asked why he wants to buy Twitter.
Musks unsolicited bid. By April 4 he was the companys biggest shareholder with a 9 stake. The Twitter logo is displayed on a smartphone with Elon Musks official Twitter profile. Its not a wildly profitable company.