Twitter would be reevaluating billionaire Elon Musk’s offer, according to The Wall Street Journal. Musk offered $43 billion to buy the social network.
The sources interviewed by the American newspaper said that Twitter would likely reject the offer because Musk did not detail the payment for the operation.
In recent days, Musk has disclosed that he has secured $46 billion in financing, which could increase the chances of a deal.
After buying 9% of the company’s shares and becoming one of the main shareholders, fears of interference by the billionaire in the company’s guidelines grew.
A few days after the purchase, he dropped out of serving on Twitter’s board of directors, but then proposed buying the entire company for $6 billion more than its market value. In order to complete the deal, however, Musk needs the approval of the board, which does not seem to be in his favor.
In the past, the billionaire has attacked Twitter’s policies on removing content from the platform and considered them as attacks on freedom of expression.