American billionaire Elon Musk plans to make Twitter public again within three years of buying the social media company.
According to Arab Net, Musk has told potential investors that he plans to organize an initial public offering to bring Twitter back into the public markets.
Twitter did not immediately respond to a request from Reuters for comment, while Musk could not be reached for comment.
Reuters reported earlier this week that Musk is in talks with large investment firms and high-ranking wealthy people about bringing more funding to his $44 billion acquisition of Twitter and linking less than his wealth to the deal. /p>
Informed sources told Reuters that Elon Musk is in talks with large investment companies and high-ranking wealthy people, regarding bringing more funding to his $44 billion acquisition of Twitter, and linking less than his wealth to the deal. .
Musk is considered the richest person in the world, with Forbes estimating his net worth at $245 billion, but most of his wealth is linked to shares in Tesla, the electric car maker that he heads.
Last week, he announced that he had sold $8.5 billion worth of Tesla shares in the wake of his agreement to buy Twitter.
