Twitter Meeting with Elon Musk to Discuss $43 Billion Buy-Out Proposal

The man is meeting with executives this weekend to discuss his proposal to buy the company.

According to the Wall Street Journal, both sides are going to meet on Sunday to get into the weeds of his $43 billion bid.

Even though EM says he won't budge on $54.20-a-share, the WSJ says that he is receptive to negotiating a deal.

There is more on the table than just dough. A final valuation of what the bird app is worth, the possibility of inviting other bidders, and even a requirement for Elon to cover the cost of the deal are some of the factors that are being considered.

Why would they entertain this? They are under pressure from shareholders who want to get paid. According to a report, Elon met with a group of bigwig shareholders to make his case for why he should take over the company.

He wants to change some things, including his free speech objections. He told several of them that they would never reach my share price on their own. The closing price was $48.93.

Some shareholders want to talk to Elon and feel him out, but also want to see if they can get a bigger offer.

Time will tell if he is willing to spend a bit more to take his account private, but he was almost done with it on Sunday.

The earnings call is on Thursday, and is expected to weigh in on the bid. The bottom line. By the day, the chances of Elon taking over are looking better.