2min chapter

The Daily cover image

Twitter in the Time of Elon Musk

The Daily

CHAPTER

Why Musk Wants to Buy Twitter?

Musk initially offered to buy Twitter in April at a price of $44 billion. Then the economy tanked and Twitter's stock along with other tech stocks fell dramatically. Musk spent months trying to get out of this deal using every method at his disposal. But as the case was preparing to go to trial in Delaware, he must have realized that he was probably not going to win this case. And so he at the last minute reversed course and said, "I do intend to buy Twitter"

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