China News Service, April 14 (AFP) According to Agence France-Presse, Tesla CEO Elon Musk has launched a bid for Twitter, offering to buy 100% of its shares and take it private.
Data map: Elon Musk, founder of SpaceX and CEO of Tesla.
In an April 13 filing with the Securities and Exchange Commission, Musk reportedly offered $54.20 per share.
In response, Twitter said the board would "carefully review" the acquisition.
Musk has reported in a regulatory filing that he already owns about 9 percent of Twitter, making him its largest shareholder.
On April 5, Twitter announced that Musk would become a member of Twitter's board of directors.
But on the evening of the 10th, Twitter CEO Agrawal announced that Musk would no longer join the board.