Elon Musk didn’t accept a board seat on Twitter. Now he wants a bigger prize: all of Twitter itself.Musk, the richest person in the world, has offered to buy the company for $54.20 per share—or around $43 billion in total. The purchase, Musk said in an SEC filing, will give shareholders “a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced.” The offer price was chosen, seemingly, because it held the numerals “420,” Musk’s beloved collegiate-level reference to marijuana.Alongside this carrot, Musk also brandished a stick.This was his “best and final offer,” he said: “I am not playing the back-and-forth game.”
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