Elon Musk Offering To Buy Twitter For $41 Billion

The method behind the mega-purchase. Elon Musk made headlines around the world when he bought Twitter — and now he’s explaining why he did it.

Manchester City star Riyad Mahrez has pleaded with Elon Musk to give him his verified blue tick back on Twitter.

One stylish mother! Elon Musk brought a very special lady to this year’s Met Gala — his mom, Maye Musk, and the pair seemed to have a great time at the star-studded celebration of fashion.

Elon Musk brought a very special lady to this year's Met Gala — his mom, Maye Musk, and the pair seemed to have a great time at the star-studded celebration of fashion.This year's Met Gala accompanies the second part of the Costume Institute's exhibition, «In America: An Anthology of Fashion,» with the controversial theme «Gilded Glamour and White Tie.» The concept is a homage to the United States' Gilded Age, an era of immense economic growth and major industrialization, as well as massive income inequality, political upheaval, and post-Civil War racism.Musk himself has been at the center of some controversy recently and has faced criticism for his $44 billion purchase of Twitter, with critics chastising him for not spending that money on philanthropic efforts.Speaking with ET's Rachel Smith on the carpet the the Metropolitan Museum of Art in New York City on Monday, Musk defended the acquisition, arguing, «I do a lot of things philanthropically.»«Really, my companies are intended to do good for the future of humanity,» he continued. «With Tesla trying to accelerate the advances in sustainable transport and energy and SpaceX is um providing internet to the lesser [served] people of the world.»«We are able to help Ukraine with the Starlink terminals and give connectivity, particularly in some of the hardest hit areas,» Musk added.

As witnesses continue to take the stand or testify via video in the ongoing Johnny Depp-Amber Heard defamation trial, it was recently revealed that two celebrities — James Franco and Elon Musk — will no longer be testifying in the case.  The witness list for the trial, which is expected to last six weeks, originally included Musk and Franco. However, Musk's lawyer confirmed to Fox News Digital that the Tesla CEO would not take the stand.

Elon Musk is thought to have donated half a million dollars to the American Civil Liberties Union in Amber Heard's name. On Wednesday, amid Johnny Depp's ongoing defamation trial against Heard, Terence Dougherty, the Chief Operating Officer and General Counsel of the ACLU, testified about what donations the organization has received from and on behalf of the former couple.

Elon Musk has been making headlines after buying Twitter for a modest $44 billion cash on Monday.

Todd Spangler NY Digital EditorTwitter, which this week accepted a deal to go private in a $44 billion sale to Elon Musk, reported income a touch lighter than Wall Street predicated in the first quarter of 2022. But the social network blew away forecasts on earnings and user growth.Q1 revenue was $1.20 billion, up 16% year-over-year, reflecting “headwinds associated with the war in Ukraine,” according to Twitter.

Twitter has accepted Elon Musk's $44 billion offer to purchase the social media site and take it private, CNBC reports. Talks between Musk and Twitter stalled for weeks before escalating quickly on Monday with the company agreeing to Musk's price of $54.20 per share just hours later.

Elon Musk in a deal that values the company at $44 billion, the board announced Monday afternoon.«The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders,» Bret Taylor, the company's independent board chair, said in a statement.Musk, the CEO of Tesla and SpaceX, reiterated his plans to remake Twitter as a forum dedicated to promoting free speech.«Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,» he said in a statement.Musk also said he plans on «making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans» on the platform.It's the largest deal to take a company private in at least two decades, reported.The board voted unanimously in favor of the acquisition. The deal is expected to close this year, subject to the approval of Twitter's shareholders.The official acquisition caps off a drama worth of a soap opera between the famously mercurial Musk and one of the world's most prominent social networks.The billionaire disclosed earlier this month that he had become Twitter's largest shareholder, and soon after proposed to buy the company outright and take it private.

Billionaire Elon Musk is set to buy Twitter for approximately £34.5 billion after reaching an agreement with the company.

Taking over. Elon Musk reached a deal to buy Twitter for about $44 billion on Monday, April 25.

Elon Musk is serious about that offer.

Elon Musk is the richest man on the planet, and according to Forbes, he has an estimated fortune of $272.5 billion. With a fortune like that, many people would think the tech mogul owns multiple properties in the United States, castles in Europe, extravagant residences in Asia, or even a private island in the Caribbean. But, in actuality, Musk seems to live a very different life.