According to the terms of the agreement, stockholders would get $54.20 in cash for each share of Twitter stock they own.
Elon Musk Buys Twitter with a promise that he'll decrease the censorship on the platform. He wants Twitter to realize its "extraordinary potential," he believes
According to a Twitter release, Elon Musk would pay around $44 billion, or $54.20 per share, to take the social platform private.
Elon Musk became one of Twitter's top owners, was offered and declined a seat on its board, and made an offer to purchase the company - all in less than a month.