JAKARTA - After buying Twitter, Elon Musk is determined to make the microblogging platform a private company. The Tesla CEO is also determined to make social media a digital square for free speech.
But the latest news emerged, if the richest conglomerate in the world is also planning to make Twitter Inc a public company again in just three years, after he bought the social media company. This possibility was reported by the Wall Street Journal on Tuesday, May 3 citing a source familiar with the matter.
According to the WSJ report, Musk has notified potential investors that he plans to conduct an initial public offering to return Twitter to the public market, the report said.
Twitter did not immediately respond to a request for comment from the WSJ, while Musk could not be reached for comment.
Reuters also reported earlier this week that Musk was in talks with large investment firms and high-net-worth individuals to help finance his $44 billion acquisition of Twitter.
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