By The FirstElon Musk may soon be the proud new owner of a social media platform.
According to a new report from Reuters, the Twitter board is preparing to accept the Tesla and Space X billionaire’s $43 billion dollar offer for the blue bird.
“Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added,” Reuters reports.
“The deal would come just four days after Musk unveiled a financing package to back the acquisition. This led Twitter’s board to take the deal more seriously and many shareholders to ask the company not to let the opportunity for a deal to slip away,” Reuters reported on Sunday.
Musk has shared a number of improvements he would make to Twitter, including eliminating bots and verifying all human users. Musk has called Twitter the “de facto town square” and says it should be a true representation of free speech.
