Elon Musk wants to buy Twitter and has offered to buy the company for $54.20/share in cash, aka $43 billion.

Musk said, "My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder". He further added, "Twitter needs to be transformed as a private company. Twitter has extraordinary potential. I will unlock it."

Musk currently owns 9.2% share in Twitter and was also offered a seat on the board of directors; which he declined.