Reports: Twitter in talks with Musk over bid to buy platform

(AP) – Twitter’s board is negotiating with Tesla CEO Elon Musk over his bid to buy the social media platform and a deal could be announced as early as Monday.

Twitter and Musk negotiated into the early hours over his bid to buy the social media platform, The New York Times reported, less than two weeks after the billionaire first revealed a massive stake.

Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal.