What per-share price did Elon Musk agree to pay for Twitter in 2022? US$54.20 per share. Musk’s April 14, 2022 proposal offered to buy all outstanding Twitter shares for that amount in cash, valuing the company at roughly US$43 billion at the time. The price represented a substantial premium over Twitter’s recent market price and was central to the eventual merger agreement.
Twitter’s board initially resisted the unsolicited approach, but after Musk secured financing and negotiations continued, the company agreed to a deal on April 25, 2022. The merger agreement preserved the US$54.20 figure even after Musk later attempted to terminate the transaction over his complaints about spam and fake accounts.
A common mix-up is confusing the per-share price with the total transaction value. The headline figure was approximately US$44 billion, while US$54.20 was the price for each Twitter share. Musk ultimately completed the acquisition in October 2022, and Twitter became privately held under his ownership.