[Smile] Elon Musk Lands Deal to Take Twitter Private for $44 Billion[Smile] Billionaire’s purchase would be one of the largest LBOs everMusk touts social network as place for vital online debates@TigerStars

Tesla, SpaceX, And TwitterTech billionaire Elon Musk is making news headlines almost every single day since he has become the second-biggest shared holder on Twitter. Last week it was reported that Musk has announced to leave all his possessions to raise some extra dollars to buy out the social media platform. Now in the latest development, it has been revealed that Tesla's CEO has registered three new companies on Tuesday. According to a report from Bloomberg, the companies are in the tax-friendly state of Delaware and they are registered in the name of X Holdings.[Sly] US Securities and Exchange Commission filings suggest that Musk is planning to put all his money in one of the newly registered entities to fund the Twitter purchase. According to the report, the first X Holdings I li

Twitter shares jumped 2% in premarket trading as Twitter, under shareholder pressure, begins deal talks with Musk. Twitter Inc kicked off deal negotiations with Elon Musk on Sunday after he wooed many of the social media company's shareholders with financing details on his $43 billion acquisition offer, people familiar with the matter said. The company's decision to engage with Musk, taken earlier on Sunday, does not mean that it will accept his $54.20 per share bid, the sources said. It signifies, however, that Twitter is now exploring whether a sale of the company to Musk is possible on attractive terms, the sources added. Musk, chief executive of electric car giant Tesla Inc, has been meeting with Twitter shareholders in the last few days, seeking support for his bid. He