Audio By Carbonatix
Tesla boss Elon Musk has offered to buy Twitter, saying he is the right person to "unlock" the social media platform's "extraordinary potential".
In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter.
It recently emerged that Mr Musk was Twitter's biggest shareholder after he built up a large stake in the firm.
He said that if his offer was not accepted "I would need to reconsider my position as a shareholder".
In a filing with the US financial regulator, Mr Musk said: "I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.
"However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company."
He added: "Twitter has extraordinary potential. I will unlock it."
Latest Stories
-
ADB-UCC open new chapter of institutional collaboration
2 hours -
Reform of all social media should come with Meta changes, UN says
3 hours -
GMTF, Ho Teaching Hospital begin work on Volta Cardiology Centre
3 hours -
How Telecel M’ahitti promo is transforming lives nationwide
3 hours -
Mason jailed 35 years for defiling two daughters
3 hours -
Ayitey Powers remanded over alleged death threat to NSA boss
3 hours -
Court orders the state to file disclosures in Wontumi bank fraud case
3 hours -
Ghana among 8 countries selected to pilot WHO tool for stronger clinical trial systems
3 hours -
Selma Yudha joins race for 60th NUGS President with promise of student-focused leadership
4 hours -
NSMQ 2026: Botwe denies Wesley Girls’ seeded spot, secures quarter-final spot after fierce battle
4 hours -
Zoomlion begins disinfection and disinfestation exercise across Upper East Region
4 hours -
Ghana AIDS Commission strengthens community-level HIV data collection to track 2030 target
4 hours -
Parliament approves three new Supreme Court Justices
4 hours -
Zoomlion intensifies disinfection, disinfestation exercise across Ahafo Region
4 hours -
GHASALC income rises 89% to GH¢1.84m as sector prepares for 2027 reforms
4 hours