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Elon Musk Offers $43 Billion in Cash to Buy Twitter in Bid to ‘Save Free Speech’

The world’s richest person, Elon Musk, Wednesday offered $43 billion — cash — to buy Twitter so he can “unlock” its “potential to be the platform for free speech around the globe.”

The world’s richest person, Elon Musk, Wednesday offered $43 billion — cash — to buy Twitter so he can “unlock” the social media platform’s “extraordinary potential.”

In a U.S. Securities and Exchange Commission (SEC) filing, Musk offered to buy Twitter’s remaining shares for $54.20 per share.

The Tesla and SpaceX CEO earlier this week declined an offer to join Twitter’s board. The board extended the invitation after Musk revealed he bought 9.2% of the company’s stock over the past few months, making him the largest single shareholder.