NEW YORK, April 25 — Twitter Inc is poised to agree a sale to Elon Musk for around US$43 billion in cash, the price the chief executive of Tesla Inc has called his “best and final” offer for the social media company, people familiar with the matter said.
Musk, the world’s richest person according to a tally by Forbes, is negotiating to buy Twitter in a personal capacity and Tesla is not involved in the deal. The sources requested anonymity because the matter is confidential. Twitter and Musk did not immediately respond to requests for comment.Musk has said Twitter needs to be taken private to grow and become a genuine platform for free speech.
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