Elon Musk would have changed his mind and now agrees to buy Twitter for 44,000 million dollars, according to Bloomberg

Elon Musk, the richest man in the world, changed his mind again and now he does want to buy Twitter, and is even willing to pay the original price set, 44,000 million dollars, according to Bloomberg. The reason? Not going to trial brought about by the company's shareholders, who had already accepted the first purchase offer and believe that when Musk decided to back down in July of this year he violated that agreement.


This Tuesday Wall Street suspended the listing of Twitter shares, which rose 12% when the first news spread that the tycoon had brought a new proposal to the Twitter board to finally buy the company, following the initial offer he made in April this year.

Twitter and Elon Musk were scheduled to meet in court on October 17. Musk's bet was to show in court that he should not comply with the April agreement because the information that Twitter gave him about the state of the company is false. 

Now, according to Bloomberg, it is known that Musk, owner of Tesla and SpaceX, and an intensive user of Twitter as a platform to express his opinion on any topic, no matter how controversial, sent a letter to the Twitter board agreeing to buy the company and paying 54.20 dollars per share, which implies a total payment of 44,000 million dollars.

Musk made public his intention to buy Twitter in April and received the go-ahead soon after; in June he expressed his doubts about the data that Twitter had provided him; in particular, Musk complained about the lack of transparency regarding how many bots (accounts that are not real users) there are on this social network. 

In an interview with Bloomberg News editor-in-chief John Micklethwait at the Qatar Economic Forum in Doha, he said that the proportion of fake accounts, spam and bots are very important. “

And, of course, there is the question of whether the debt portion of the round will come together and then the shareholders will vote for it,” he added. At the forum, Musk raised the possibility that the deal could fall apart and spoke of his acquisition being "on hold." 

He also filed a formal letter with the Securities and Exchange Commission in which he told Twitter executives that he would withdraw from the deal if the company did not make clear to him the size of its user base. The company responded to him, but only gave him access to public tweets and it's not clear if that helps make the calculation.

Musk had tried in recent months to end the acquisition deal, arguing that Twitter had not been transparent about information about fake accounts. In July, although the offer was still valid, the price of the share fell to around 32.7 dollars.

In recent weeks, and as part of the preparations for the trial, multiple messages that Elon Musk exchanged with Twitter executives and with members of his environment regarding the purchase of the company came to light. 

In particular, calls from someone experts have identified as Talulah Riley (Musk's two-time ex-wife) asking him to buy and then "delete" Twitter, after the company suspended the Twitter account of the Babylon Bee, a site that parodies news portals and that she liked, according to Fortune.

The messages also reiterate Musk's extreme stance: He calls himself a free-expression absolutist, and that was his public intent on buying Twitter: to keep it a space for uncompromising free expression.

Last week, Twitter's lawyers argued that Musk and financial adviser Jared Burchall destroyed evidence -- self-destructing chats sent in the Signal messenger -- about their reasons for abandoning the initial purchase agreement. 

The company also showed that Musk's own data analysts confirmed Twitter's estimates of the percentage of the platform's users who are bots posting only junk content, detracting from Musk's argument that he was misled.

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