
Elon Musk made headlines once again Thursday with news that he has offered to buy out the remainder of Twitter Inc (NYSE:TWTR). The news has increased the volatility in shares of the social media company and also led to a number of opinions on what the buyout means.
What Happened: Elon Musk, the CEO of Tesla Inc (NASDAQ:TSLA) and SpaceX, announced his intentions to buyout Twitter at a share price of $54.20, as reported in Benzinga Pro.