Twitter boss and billionaire Elon Musk, has disclosed his interest to buy the collapsed Silicon Valley Bank (SVB).
He disclosed this via his Twitter handle on Saturday.
SVB, a four-year-old United States lender and a cornerstone of the tech startup scene, collapsed on Friday after a stunning 48 hours, making it the second biggest bank failure since the 2008 financial crisis.
Elon’s interest followed a tweet suggestion of the co-founder and Chief Executive Officer of Min-Liang Tan, an American global gaming hardware company, Razer.
Tan suggested Musk turn the failed bank into a digital bank.
Tan tweeted, “I think Twitter should buy SVB and become a digital bank,” he wrote on Twitter.
In his response, Twitter’s boss replied, “I’m open to the idea.”
