Just days before Elon Musk and Twitter were to meet up in court, Musk changed his mind and decided to go ahead and buy Twitter after all.
With Twitter's lawsuit against Elon Musk expected to go to trial in less than two weeks, the richest man in the world has made an abrupt 180-degree change and says that he wants to go ahead with his $44 billion purchase of Twitter at $54.20 per share. Musk had hoped to back out of the deal when Twitter couldn't prove to his satisfaction that less than 5% of Twitter users were bots.
Twitter shares soar after Musk decides to go ahead with his offer to pay $54.20/share for the companyindicating that he holds 73.12 million shares of Twitter or 9.6% of the company. The current valuation of these shares amounts to over $3.8 billion.
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