Elon Musk suggests continuing the deal for his Twitter

According to Bloomberg’s report, which is based on anonymous sources, it was stated that Musk made the proposal in a letter to Twitter.

In the report, it was reported that Musk again gave a price of $ 54.2 per share for Twitter.

With the news in question, Twitter’s shares gained up to 18 percent after the trading was stopped for a short time.

Elon Musk, who previously bought a 9.2 percent stake in Twitter, made an offer of $54.2 per share for the entire Twitter, in a notification he made to the US Securities and Exchange Commission (SEC) on April 14.

In the statement made on April 25 from Twitter, it was reported that the agreement for the sale of the company to Musk was reached.

Musk announced on May 13 that the deal to buy social media company Twitter for approximately $44 billion was temporarily suspended.

Elon Musk shared on his Twitter account about the reason for the suspension of the agreement, “Details of calculations are expected, with spam and fake accounts accounting for less than 5 percent of total users” had announced.

On July 8, Musk announced that he had terminated the agreement to buy Twitter, citing the violation of multiple provisions.

Musk’s lawyers stated in a statement to the US Securities and Exchange Commission (SEC) that Twitter did not respond or refused to respond to multiple requests for information about fake or spam accounts on the platform, which is important to the company’s business performance.

Twitter, on the other hand, sued Musk for terminating the deal. Twitter’s lawsuit against Musk was due to begin on October 17.