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Twitter’s Board Faces Tough Choice After Elon Musk’s Takeover Bid

Twitter’s Board Faces Tough Choice After Elon Musk’s Takeover Bid
SpaceX founder, CEO, and chief engineer Elon Musk attends a news conference at the Kennedy Space Center in Cape Canaveral, Fla., on Jan. 19, 2020. Steve Nesius/File Photo/Reuters
Emel Akan
Emel Akan
Reporter
|Updated:
Tesla and SpaceX CEO Elon Musk made a bid on April 14 to take Twitter private for $54.20 per share, or around $43 billion in cash, after rejecting a proposal of a board seat.

Musk’s offer, which is 18 percent higher than the last closing price, is under consideration, the company’s board said.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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