After becoming Twitter’s biggest shareholder, Elon Musk offers to buy social media company for $43 billion

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After becoming Twitter’s biggest shareholder, Elon Musk offers to buy social media company for $43 billion
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The Tesla CEO has said Twitter doesn't live up to free speech principles, believes it needs to be transformed as a private company.

By MICHELLE CHAPMAN AP Business Writer

Musk called that price his best and final offer, although he provided no details on financing. The offer is non-binding and subject to financing and other conditions. Musk revealed in regulatory filings over recent weeks that he’d been buying shares in almost daily batches starting Jan. 31, ending up with a stake of about 9%. Only Vanguard Group’s suite of mutual funds and ETFs controls more Twitter shares.

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