Description: Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company needs to be transformed privately, a little over a week after first revealing a 9.2% stake in the company. Musk’s offer values Twitter at about $43 billion.
Source: CNBC.com – video report
Date: Apr 14, 2022
Questions for discussion:
- Given Elon Musk’s comments about the firm’s potential, how would Twitter be changed by a decision to go private?
- How would the social media competitive environment change in your opinion?
- What would you advise competitors and entrepreneurs do in this potentially new landscape?