Twitter: Reject The Musk Offer, For Now
- Elon Musk offered to take Twitter private with a $54.20 offer.
- The company has a 20% annual growth plan apparently ignored by most in the market.
- The deal price doesn't offer a premium valuing the stock at less than just 6x well-documented 2023 revenue targets of $7.5 billion.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »
In a somewhat surprise move, Elon Musk made a sudden unsolicited offer to acquire () only days after deciding to not join the Board of Directors. The market had a mixed reaction dueinvestment thesis