Business Tit-Bits: Elon Musk's Hostile Tweet

Tesla chief Elon Musk has launched a hostile takeover bid for Twitter, insisting it was a "best and final offer" and that he was the only person capable of unlocking the full potential of the platform. Musk offered $54.20 a share, which values the social media firm at $43.4 billion, in a filing dated Wednesday April 13 with the Securities and Exchange Commission. So basically he offered to buy 100% of twitter, for $43 billions on Twitter itself. Just to give you a sense of how much $43Billion dollars are. Sri Lanka's debt are about the same or I would say a little over $43 billion dollars. and then this happened at one of the protests in Sri Lanka too. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Audiobook: 16 kwietnia 2022