Twitter on Thursday issued a press release addressing the news that billionaire Tesla founder Elon Musk has indeed offered a bid to buy the platform in cash and take it private.
In a statement on the matter, Twitter referred to the bid as &#8220;unsolicited&#8221; and a &#8220;non-binding proposal&#8221; and said board members would &#8220;carefully review&#8221; the proposal.
&#8220;Twitter, Inc. today confirmed it has received an unsolicited, non-binding proposal from Elon Musk to acquire all of the Company&#8217;s outstanding common stock for $54.20 per share in cash,&#8221; the statement said.
&#8220;The Twitter Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and all Twitter stockholders,&#8221; Twitter added.
News broke Thursday morning that Musk has offered to buy 100% of Twitter at $54.20 per share in cash &#8212; a deal that could exceed $40 billion, <a href="https://www.dailywire.com/news/breaking-elon-musk-offers-to-buy-100-of-twitter-in-cash">The Daily Wire</a> reported.
Musk notably emphasized to Twitter Chairman Bret Taylor that he believes &#8220;free speech is a societal imperative for a functioning democracy&#8221; and that this offer is his &#8220;best and final,&#8221; an <a href="https://www.sec.gov/Archives/edgar/data/1418091/000110465922045641/tm2212748d1_sc13da.htm">SEC filing</a> reveals. Here&#8217;s Musk&#8217;s letter to Taylor:
<blockquote>Bret Taylor
Chairman of the Board,
I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.  
However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.
Twitter has extraordinary potential.  I will unlock it.
/S/ Elon Musk</blockquote>
This is a breaking news story; please check back for updates.

<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script>
<script async src="https://www.instagram.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Twitter Issues Press Release Addressing Elon Musk’s ‘Unsolicited’ Bid To Outright Buy Platform

The Pole-Dancing Question That Blew Up A Senate Hearing

Race Narrative Kicked Into Overdrive After Jury Selected In Austin Metcalf Murder Trial

‘Free’ Karmelo: Supporters Of Austin Metcalf’s Accused Killer Gather Outside Courthouse

Terrorist-Linked Dem Rides ‘Squad’ Support To Primary Victory

‘Economic Violence’: Dems Hold Presser Demanding Paid Time Off For Periods

Man Who Stabbed Teen To Death Over Bogus Racism Claim Learns His Fate

News

Elon Musk

Twitter

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Menu

— News —

Twitter Issues Press Release Addressing Elon Musk’s ‘Unsolicited’ Bid To Outright Buy Platform