Twitter's board and Tesla CEO Elon Musk negotiated their offer to buy the social media platform through Monday morning, The New York Times reported.

Musk said last week he had secured $46.5 billion in funding to buy Twitter, urging the company's board to negotiate a deal.

The Times, citing unnamed people with knowledge of the situation, said the two sides were discussing details, including a timeline and a fee if a deal was signed and then fell apart. People said it was smooth and fast.

Note :- my response read  twitter in talks with musk over bid to buy platform, according to reports full article.

Why Twitter is an easy target for outsiders like Elon Musk trying to change

Why Twitter is an easy target for outsiders like Elon Musk trying to change
Twitter had adopted an anti-takeover measure known as the poison pill that could make a takeover attempt prohibitively expensive. But the board decided to negotiate after Musk updated his proposal to show he had secured the funding, according to the Wall Street Journal, which was first to report negotiations were underway.

On April 14, Musk announced an offer to buy the social media platform for $54.20 per share, or about $43 billion, but did not say at the time how he would finance the acquisition.

Last week he said in documents filed with US securities regulators that the money would come from Morgan Stanley and other banks, some of which would be backed by his huge stake in the electric car maker.

Twitter has not commented.

Musk said he wanted to buy Twitter because he doesn't think it lives up to its potential as a platform for free speech.

In recent weeks, he's outlined a series of proposed changes for the company, ranging from easing its content restrictions, such as rules that suspended former President Donald Trump's account, to removing the platform about its issues with fake and automated accounts.

Musk is the richest person in the world, according to Forbes, with a fortune of nearly $279 billion. But much of his money is tied up in shares of Tesla (he owns about 17% of the company, according to FactSet, which is valued at more than $1 trillion) and SpaceX, his private space company. It's unclear how much money Musk has