Elon Musk is ready to invest $46.5 billion to acquire Twitter shares

American entrepreneur Elon Musk is exploring the possibility of applying for a tender to buy all of Twitter's outstanding shares, TASS reports citing a statement published on Thursday on the website of the US Securities and Exchange Commission, Report informs.

This will cost the businessman about $46.5 billion. The Associated Press reports that Musk already has this amount and is in talks with the company.

On April 14, Reuters reported that Musk, who recently became Twitter's largest shareholder, offered to buy the company for $41.39 billion ($54.2 per share). According to the agency, the board of directors of Twitter intends to carefully consider his proposal to determine the course of action that, in their opinion, will best serve the interests of the company and its shareholders.

According to the US Securities and Exchange Commission, Musk owns a 9.2% stake in Twitter. At the same time, on April 11, he decided not to be a member of the board of directors of the company. On November 1, Musk became the first person in history to be worth more than $300 billion, according to Forbes' real-time billionaire rankings. At the moment, according to Bloomberg, Musk's fortune is estimated at $266 billion.