The New York Times reports that the social media network is considering Musk's offer to buy the company. The negotiations went on into the early morning hours of Monday.
According to the news, Musk claimed to have secured $46.5 billion to purchase the company in a SEC filing last week. Half of the amount would be coming from his own pocket and the other half would come from his stock in the company.
While Musk is offering a premium over the share price prior to his investing in the company, many shareholders initially objected to his offer.
Musk has stated that he isn't planning on advertising with the social media giant.
The billionaire CEO says it is about making the social media platform an inclusive arena for free speech.
It is not clear what Musk's Twitter will look like. Will Donald Trump be allowed back on? Will he turn a blind eye to online harassment or crack down on his critics?
The CEO's real intentions aren't apparent, and that's assuming he has a gameplan himself.
The New York Times reported that a deal was close to sell itself to Musk.
Bill Gates was told to get lost in leaked text messages.
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