FILE PHOTO: Elon Musk gestures during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake/File Photo
(Reuters) - Tesla Chief Executive Elon Musk has offered to buy Twitter Inc for about $41 billion in cash, days after rejecting a seat on the social media company's board.
It all started with Musk disclosing a 9.1% stake in Twitter on April 4 and later said he would take a board seat. But, becoming a director would have prevented Musk from becoming a beneficial owner of more than 14.9% of Twitter's common stock.
