Elon Musk recently bought 9.2% of Twitter and then turned down a seat on the company's board. Now, he has offered $43B for the remaining shares of the social media company, which is more than the $37B market valuation.
But why, Elon? A vocal advocate for free speech, Musk is no stranger to criticizing Twitter's operations and hopes for Twitter to be "transformed as a private company." In his letter to Twitter's board, Musk says if the deal does not work, he would need to reconsider his position as a shareholder.