Musk makes $43 billion offer for Twitter to build 'arena for free speech'


FILE PHOTO Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit Michigan January 13 2015.   REUTERSRebecca CookFile Photo

FILE PHOTO: Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan, January 13, 2015. REUTERS/Rebecca Cook/File Photo

(Reuters) - Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech.

"I think it's very important for there to be an inclusive arena for free speech," Musk, already San Francisco-based Twitter's second-largest shareholder, said at a TED Talk in Vancouver when asked about his bid.

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