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Musk says he wants Twitter again and will pay $44B price

today10/05/2022 33

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Elon Musk wants Twitter again — and Twitter is game. The billionaire Tesla CEO has proposed buying the company at the originally agreed-on price of $44 billion. That brings the tumultuous, monthslong saga another step closer to a conclusion. Musk made the surprising turnaround in a letter to Twitter that the company disclosed in a filing with the U.S. Securities and Exchange Commission. It came less than two weeks before a trial between the two parties over Musk’s attempt to back out of the deal is scheduled to start in Delaware. Musk also faced a scheduled deposition by Twitter attorneys starting Thursday.

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