Elon Musk offers to proceed with twitter deal!!!
News of Elon Musk moving ahead on a $44 billion deal to acquire twitter after several months of legal battle led to a jump in the shares of the company, after which the shares business had to be stopped. Musk has offered to acquire the social media company at a price of $ 54.20 per share. The deal has already got the approval of the shareholders.
Twitter shares rise
After this offer from Elon Musk, there was a tremendous increase in the shares of Twitter. According to the data, the share of twitter ran up to 13 percent. The company's stock, which opened at $ 42.81, jumped about 13 percent after the news came to close to $ 48. Which reached a high with $ 49.99 during the trading session. Let us tell you that there has been a lot of tension between Musk and twitter management in the last few months.
Net worth was reduced by $ 15.5 billion a day earlier
On Monday, Elon Musk, the world's richest man, suffered a lot due to the fall in the stock markets. On Monday, there was a loss of $ 15.5 billion in his net worth. After which his total net worth became $223 billion. By the way, this year there has been a loss of $ 47.8 billion in his total net worth. In 11 months his total net worth has reduced by more than 100 billion dollars.
