Money Why does billionaire Elon Musk want to take Twitter private, and what does it mean for shareholders? April 28, 2022May 1, 2022Celina Tebor, USA TODAYComments Off on Why does billionaire Elon Musk want to take Twitter private, and what does it mean for shareholders? Taking Twitter private would allow Musk more flexibility in establishing changes to the social media giant and avoid reporting financials to the SEC.