Elon Musk has made a proposal to purchase Twitter (TWTR) and take it private, saying he accepts the organization should be "changed."

Elon Musk has made a proposal to purchase Twitter (TWTR) and take it private, saying he accepts the organization should be "changed."

As indicated by a SEC recording, Musk has proposed to secure every one of the offers in Twitter he doesn't possess for $54.20 per share

As indicated by a SEC recording, Musk has proposed to secure every one of the offers in Twitter he doesn't possess for $54.20 per share

esteeming the organization at $41.4 billion. That addresses a 38% premium over the end cost on April 1, the last exchanging day before Musk revealed that he had turned into Twitter's greatest investor

esteeming the organization at $41.4 billion. That addresses a 38% premium over the end cost on April 1, the last exchanging day before Musk revealed that he had turned into Twitter's greatest investor

Musk said the money offer was his "best and last proposition," as per the SEC recording, adding that if it's not acknowledged he could need to reevaluate his situation as an investor.

Musk said the money offer was his "best and last proposition," as per the SEC recording, adding that if it's not acknowledged he could need to reevaluate his situation as an investor.

The Tesla CEO sent a deal letter to the organization Wednesday night, as per the recording.

The Tesla CEO sent a deal letter to the organization Wednesday night, as per the recording.

"I put resources into Twitter as I trust in its capability to be the stage with the expectation of complimentary discourse all over the planet

"I put resources into Twitter as I trust in its capability to be the stage with the expectation of complimentary discourse all over the planet

"Nonetheless, since making my venture I presently understand the organization will neither flourish nor serve this cultural basic in its ongoing structure

"Nonetheless, since making my venture I presently understand the organization will neither flourish nor serve this cultural basic in its ongoing structure

The letter was addressed to Bret Taylor, the seat of the Twitter board, not CEO Parag Agrawal

The letter was addressed to Bret Taylor, the seat of the Twitter board, not CEO Parag Agrawal

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