What happened last week is irrelevant. If I can sell my shares on the market today for $46 and Elon is offering $54, that's a ~17% premium. It's better than nothing but not nearly enough to convince >50% of shareholders to vote in his favor. Several major ones have already said no to the offer (https://www.reuters.com/technology/saudi-prince-alwaleed-bin...).
If it was a serious offer the market would have already valued TWTR at ~$54, but it has actually gone down after Musk announced his bid.
If it was a serious offer the market would have already valued TWTR at ~$54, but it has actually gone down after Musk announced his bid.