The Twitter board is talking with Musk about buying the social media giant, and a deal may be announced as soon as Monday.
Twitter's share price is dearer by 4% after this, though the social media giant is under pressure from shareholders.
According to reports, Twitter is likely to 'close' Musk's offer of $54.3 per share in cash, a $43 billion deal in cash.
Possible changes the Space X CEO could bring are the Edit button for Twitter, opening jp Twitter's algorithm, and allowing the dogecoin payment for Twitter blue.
The Twitter CEO welcomed Musk on the 5th of April of this month with wide arms but failed to get him on the board.
Musk raised a question about Twitter's free speech policy last March, so some netizens fear the 'hostile takeover.'
Twitter Inc. has tried to protect itself from hostile takeover offers, as per the news agency.
Twitter is taking steps to thwart Elon Musk's unwelcome offer to take the business privately.
Elon Musk's $54.20 per share bid was rejected by Saudi Arabia's Prince Alwaleed bin Talal, a big shareholder in Twitter, who said it didn't get close to the inherent worth of the firm.