Elon Musk Might Actually Buy Twitter, Like for Real

Any moment now, a deal between the board and Musk could be announced. A number of anonymous sources in a report by the New York Times and a number of unnamed sources in a report by the New York Times are saying that the deal is real. If you're the richest man in the history of the world, why not spend $43 billion on a bad joke?

The deal is unconfirmed, but sources tell the Times that a deal could be made public later today. The board needs to recommend the sale to the shareholders. The deal could fall through. As of writing this, neither Musk nor Twitter have responded to Gizmodo's request for comment.

If Musk buys the company, it would be private. Musk is trying to purchase the social media company as an individual, not through either of the companies.

In response to the news, the share prices have fluctuated. At the time of writing, they had fallen to around $50.7 after reaching $51.50 per share in premarket trading.

On April 14th, Musk announced his offer to buy the social media company for around $54.20 per share. He has demonstrated that he has the capital to back the offer, with about $46.5 billion in liquid funds supported by his own direct assets as well as financing from Morgan Stanley Senior Funding.

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