--- title: "Elon Musk May not Own the Twitter in $44 billion which he agreed before, Says Investors" description: "Social Media Platform, Twitter may not be sold in $44 billion to Elon Musk as he earlier agreed to buy the platform in the said price, Investor says." author: "Sanjay Goenka" published: 2022-05-11 updated: 2022-05-11 canonical: https://www.mindstick.com/news/1624/elon-musk-may-not-own-the-twitter-in-44-billion-which-he-agreed-before-says-investors category: "twitter" tags: ["twitter", "technology news", "social media platform", "social networks"] reading_time: 2 minutes --- # Elon Musk May not Own the Twitter in $44 billion which he agreed before, Says Investors [Investors](https://www.mindstick.com/news/2413/with-collapse-of-ftx-genesis-alerts-investors-to-the-possibility-of-bankruptcy-without-new-funding) told about the deal Twitter with **Elon Musk may fail** as Elon Musk may **not purchase Twitter** for the **agreed $44 billion**. Twitter shares hit $46.75, Musk is worth $268 billion as per Forbes. Highlights ```  Earlier, Elon Musk agreed to acquire Twitter for $44 billion Shares of the platform, Twitter fell by 3% in afternoon trading Elon Musk announced a deal to buy the giant social media platform ``` **Also Read: ['Board salary will be $0 if my bid succeeds,' says Elon Musk on Twitter](https://www.mindstick.com/news/1576/board-salary-will-be-0-if-my-bid-succeeds-says-elon-musk-on-twitter)** The [stock market](https://www.mindstick.com/articles/43871/control-and-regulation-of-the-stock-market) changed the [direction](https://yourviews.mindstick.com/story/5034/10-animals-with-the-best-sense-of-direction) of air for the first time on Tuesday in the deal of Elon Musk with Twitter to acquire the Giant Social [Media Platform](https://www.mindstick.com/forum/156104/what-are-the-social-media-platform-used-for-seo), Twitter for $44 billion. The deal between Twitter and the billionaire investor Elon Musk may close at that price **fell below 50 percent** when Twitter shares hit **$46.75 (Rs. 3,600)**, but the deal price was the **$54.20 (Rs. 4’180)**, and the Twitter’s share was closed at **$39.31 (Rs. 3,000)** on April 1 just before Musk has revealed the stake in the company. [Elon Musk agreed to acquire Twitter](https://yourviews.mindstick.com/view/83271/elon-musk-ready-to-buy-twitter-in-41-billion), [social media](https://www.mindstick.com/articles/13056/how-to-leverage-social-media-to-attract-lots-of-blog-traffic) platform for $44 billion after revealing its biggest stake in the company. [Elon Musk also gets sued](https://www.mindstick.com/news/1559/suit-filed-against-elon-musk-by-twitter-shareholder-over-delay-in-disclosing-stake) by Twitter for not revealing its stake in the company which is unlawful as per the US law statutes. Twitter’s share falls by 3% and reaches $46.50 (Rs. 3,500) during the afternoon trading. As per the information from Forbes, **Elon Musk is worth $268 billion** and he was not primarily concerned with the [economics](https://answers.mindstick.com/qa/44117/how-can-i-apply-to-london-school-of-economics-and-political-science-lse) of Twitter. Elon Musk said in a recent public platform “Having a public platform that is maximally trusted and broadly inclusive is extremely important to the future **Also Read: [Elon Musk's Shares are the Highest on Twitter among other shareholders](https://www.mindstick.com/news/1545/elon-musk-s-shares-are-the-highest-on-twitter-among-other-shareholders)** --- Original Source: https://www.mindstick.com/news/1624/elon-musk-may-not-own-the-twitter-in-44-billion-which-he-agreed-before-says-investors Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.