Elon Musk Offers New Bid for Twitter

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Elon Musk on Thursday said he has lined up $46.5 billion in debt and equity financing to buy Twitter Inc. Musk offered $43 billion to Twitter’s board of directors to buy the company, but Twitter failed to respond to his offer and adopted a measure to avoid the takeover. Musk has said that the company needs to be taken private to grow and become a platform for free speech, and is now considering to buy all company stock from shareholders.