Twitter. all of the shares he does not currently own for $43.4 billion in cash. he also says he wants to take the company private. musk, of course, made this announcement on twitter. cnn chief business correspondent christine romans joins me live to discuss. so, christine, first of all, this appears to be a serious offer, right? he s going from owning 9% stake in the company to now he wants to go to 100. in a letter to the board last night said he wants to transform the company and what he needs to do to make it competitive and to fill a lot of questions this morning about how serious he is. is it some sort of a joke or is it something that he really wants, there s an s.e.c. filing, there s an offer to the board and here he says, i must, i would need to reconsider my position as a shareholder if you don t take this. he goes through, and usually in filings, but he says i m not
The tesla ceo elon musk is offering to buy twitter. according to a new file with the s.e.c., musk is offering $43.4 billion for the social media platform. musk, who has been buying up shares of twitter since back in january, says he believes the company needs to be, quote, transformed. he made the announcement, where e else, on twitter, early this morning. the republican national committee voting it will not participate in the traditionial presidential debates. the rnc chairwoman sent a letter to the commission on presidential debates. echoing complaints former president trump made about how those debates operated back in 2020. but this issue is complicated so stay tuned. despite today s vote, the rnc claims candidates can participate in other events if they are not sponsored by that commission. iowa may no longer be the first in the nation to pick a president. at least on the democratic side. democratic party officials
New this morning. the tesla ceo elon musk wants to buy twitter outright, take the company private. he is offering $43.4 billion in cash, his own money, an offer twitter said its board of directors, quote, now carefully review. what is going on here? let s bring in cnn chief media correspondent brian stelter for more. elon musk is already the largest shareholder with the stake at around 9%. he wants the whole things now. you were a bit skeptical this morning, why? i d like to buy twitter too but i don t have $43 billion and neither does elon musk in terms of liquidity. he has the wealth but not the money. he would need to finance because so much of his wealth, the reason he s the richest man in the world, all tied up in stock including especially in tesla stock. so if he wants to go through with this, and hard to know how serious he is about anything, he
Leadership record. i think absolutely, in terms of all the candidates, as i said, from secretary castro to senator warren, senator harris is absolutely going to be a top notch candidate. i look forward to seeing the dialogue between all these candidates as they put forth their platforms. all right thanks very much have a good sunday growing human tragedy in venezuela, is u.s. military intervention inevitable and what would publish the consequences of that? to ibm s top ranking as the world s most innovative company. samsung and lg are next on the wall street list thanks in part to fortnite, the number one video game in the nation, a record $43.4 billion