In a recent development, Elon Musk had offered to proceed with the deal to buy twitter at $54.20 per share, according to people familiar with the matter.

Musk sent his new proposal in a letter overnight and Twitter is considering whether to accept the proposal, one person familiar with the situation said. The letter from Musk’s side said they were ready to close the deal and end all litigation, the person said.

[washingtonpost.com...]

Earlier story
Elon Musk Sells Tesla Shares Worth $6.8 Billion [webmasterworld.com]