On 13 April 2022, Elon Musk made a $43 billion all cash offer valuing Twitter at $54.20 per share to acquire and take Twitter private. The offer was a 54% premium over the price when he started building his stake in January and 38% premium over the day before his investment was publicly announced. This price is also an 18% premium over the closing share price on 13 April 2022. However it is below the 52-week high of $73.34 and below the all time high of $77 recorded in February 2021. This offer, which is one of the many eventful incidents, came just weeks after Elon became Twitter’s largest individual shareholder with a 9.1% stake of the company. Now, with Twitter’s Board of Directors viewing the offer as an unwelcome and hostile acquisition, and seeking a White knight investor, it seems like the saga is just starting. Timeline of events

• 31 Jan 22: Elon starts acquiring Twitter shares in open market

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