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The social media giant is reported to be in the final stages of a takeover deal with Elon Musk.

Elon Musk and Twitter logo

Image source, Getty Images

Twitter’s shares rose by more than 5% in pre-market trade on speculation the firm could agree a takeover deal with Elon Musk as early as Monday.

The board of the social media giant is reported to have met with Mr Musk over the weekend to discuss his $43bn offer.

Twitter had initially rebuffed Mr Musk’s approach.

But according to reports, Twitter is now in the final stages of negotiations with Mr Musk to buy the business.

Share trading in Twitter’s stock, before the US stock market opened, sent the price up 5.1% to $51.57. Although it is still below Mr Musk’s offer price of $54.20 a share.

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Elon Musk makes offer to buy Twitter

14 April
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