Twitter’s board of directors and world’s richest man Elon Musk continued discussions over Musk’s offer to buy out the social media platform for a bid of $54.20, causing the price to jump in early trading, the Washington Post reports.
Shares are about 3% higher at the open of the market as reports put the nascent oligarch closer to coming to an agreement to buy Twitter, a move that would likely bring back social media pariahs like Donald Trump to the platform.