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It is a seminal moment for the 16-year-old company, which emerged as one of the world's most influential public squares and now faces a string of challenges.
An announcement on the outcome is expected as early as this week.
The real significance of Musk’s offer of $43 billion for Twitter is that it is the price of free speech.
The Twitter board is reportedly considering a poison pill strategy to make it more difficult for Musk to acquire a larger stake in the micro-blogging platform and avoid a hostile takeover.
Musk made an offer to buy 100 per cent of Twitter at $54.20 per share, a 54 per cent premium over the closing price of Twitter on January 28, 2022, the trading day before Musk began investing in the company.
Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms free speech. But his offer, which seemed to fall flat with investors on Thursday, raises as many questions as it answers.
The billionaire has offered $54.20 per share of Twitter's stock.
The social media platform has warned of more drama with 'distractions ahead'.
'If you're curious about Tesla, SpaceX & my general goings on, @WalterIsaacson is writing a biography,' tweeted Musk.
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