May Not Be Able to Acquire
, Has a 'Plan B'
Days after acquiring a 9.2 stake in Twitter, Elon now wants 100% of the company.
But in the Ted Talk conference in Vancouver, Elon Musk said "I'm not sure that I will actually be able to acquire it."
In the official announcement, the billionaire CEO offered to buy Twitter with a $43 billion all-cash offer.
He shared on Twitter the original filing, saying "I would need to reconsider my position as a shareholder."
If Elon becomes successful in his plan to acquire Twitter, he will take the microblogging company private.
Musk acknowledged he has a "plan B" if his offer fails, but refused to elaborate when pressed.