Elon Musk is buying Twitter!

 Elon Musk is buying Twitter!

Tesla founder Elon Musk has agreed to sell the microblogging site Twitter for about 44 billion in cash. Such information has been reported by the people involved in the matterThe Twitter board may announce a deal at 54.20 per share on Monday (April 25) after recommending the transaction to the company's shareholders, according to Reuters.

However, it may be that the agreement will not be made at the last minute.

Elon Musk, the richest man in the world, is negotiating to buy Twitter in his personal capacity. Tesla is not involved in the deal.

According to Bloomberg, negotiations to sell Twitter to Elon Musk for 43 billion are in the final stages. If Elon Musk buys the microblogging site, it's going to be the biggest deal ever.

Shares of Twitter rose 3.9 percent to দশ 50.64 a share as trading began in New York.

Earlier, in a letter to the Twitter board on April 13, Elon Musk said, "Twitter has tremendous potential. I want to expose it. "

In a letter to Twitter chairman Brett Taylor, Elon Musk said: "After investing, I realize that the company will not prosper or become a social necessity in its current state. Twitter needs to be transformed into a private company.