Elon Musk is offering to buy Twitter for $43 billion

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Last week, Elon Musk became Twitter's largest shareholder. 

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Now the world's richest person is offering to buy the Twitter company for $43 billion in cash

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"I made an offer," Musk tweeted to his 81 million followers on Thursday.

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Musk said he believes in the promise of Twitter to be a platform for free speech, 

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but does not have confidence in its management to fulfill that mission, 

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and thinks it needs to be "transformed" as a private company.

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"Twitter has extraordinary potential. I will unlock it," he said 

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My offer is my best and final offer and if it is not accepted,

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 I would need to reconsider my position as a shareholder," Musk continued. 

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He holds more than 9% of Twitter's shares, and some 

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analysts expect if he were to sell his stake, that could trigger a sharp sell-off.

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Twitter confirmed it received the "unsolicited" offer from Musk.

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Musk Said " I am offering to buy 100% of Twitter for $54.20 per share in cash"

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The takeover bid is the latest twist in a wild two weeks for the billionaire and the social media platform.

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