Today, the richest man in the world, businessman  Elon Musk ,  again submitted a proposal for taking over the controlling stake in the social network Twitter, at the price he had already offered.

Trading in Twitter shares was halted after the company’s share price surged 22 percent on reports that Musk would go ahead with a purchase of the company. The takeover has been controversial after the businessman first offered $44 billion for the company in May, only to back out of the deal, prompting Twitter to sue him and wage legal battles.