Elon Musk Wants to Buy Twitter for $54.20 Per Share

Bloomberg obtained a letter from Elon Musk's team, stating that he wants to go ahead and buy Twitter after all for the original price, $54.20 to share. The deal was reached in April but has been put on hold as yields are soaring,. It's a really difficult time to sell leverage debt or buy out debt. Tesla investor Ross Gerber: "It's going to make the business books on how not to buy a company"