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Elon Musk offers to buy Twitter (TWTR) for $54.20 per share

  • April 14, 2022


StockTwitter, Inc.SymbolTWTR
Date Announced04/14/2022Source Press Release
TypeUnsolicited BidAcquiring Company/Person An entity wholly owned by Elon Musk
Date of Confirmation: 04/25/2022Price at Confirmation: $52.03
Potential Profit: 15.42%Annualized Profit: 511.57%

According to a regulatory filing Tesla (TSLA) founder, Elon Musk is offering to buy Twitter (TWTR) for $54.20 per share in cash


April 14, 2022: Private equity giant Thoma Bravo is working on a possible bid for Twitter (TWTR)

April 15, 2022: Elon Musk is speaking to investors who could partner with him on a bid for Twitter (TWTR), sources close to the matter told

April 15, 2022: Twitter, Inc. (TWTR) announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan. The Board adopted the Rights Plan following an unsolicited, non-binding proposal to acquire Twitter.

April 18, 2022: Apollo Global Management Inc. (APOis considering participating in a bid for Twitter (TWTR) according to people familiar with the matter, after Elon Musk’s $43 billion bid put the social-media company in play.

April 21, 2022: According to a filing, Elon Musk to explore a tender offer for Twitter (TWTR), has lined up $46.5 billion in financing.

April 25, 2022: Twitter Inc (TWTRis poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc  (TSLA) has called his “best and final” offer for the social media company, people familiar with the matter said.

April 25, 2022: Twitter, Inc. (TWTR) announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.

May 3, 2022: Elon Musk, who has agreed to take Twitter Inc. (TWTR) private in a $44 billion deal, has told potential investors he could return the social-media company to public ownership after just a few years. Mr. Musk said he plans to stage an initial public offering of Twitter in as little as three years of buying it, according to people familiar with the matter.

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