Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech.
Twitter Inc adopted a 'poison pill' on Friday to limit Elon Musk's ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $43 billion bid for the company.