Elon Musk Revives Bid to Buy Twitter at $54.2 per Share

Elon Musk revived a bid to buy Twitter at the original price of $54.20 a share, Bloomberg reports. Musk made the proposal in a letter to Twitter on Monday, which confirmed that it had received the letter and intended to close the deal at the agreed-upon price. Musk posted a tweet today, saying that "buying Twitter is an accelerant to creating X, the everything app".