Twitter previously announced plans to take Musk to court to complete the merger
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$44 billion
Elon Musk buys Twitter for $44 billion amidst debate over online free speech
Investors will receive $54.20 for each Twitter share they own, as Elon Musk – the world’s richest man and the CEO of Tesla – buys the 16-year-old social networking platform at 38 percent more than the stock’s close on April 1
Capital Markets
Elon Musk makes $43 billion “best and final” offer to buy Twitter sending social media giant’s shares soaring
Twitter has a market valuation of approximately $37 billion, while Elon Musk is worth about $260 billion, according to the Bloomberg Billionaire’s Index