Elon Musk explores whether to make a tender for TwitterAccording to a new securities filing.

Musk published an updated file on Thursday that stated that, due to the inaction of Twitter’s board of directors, he now explores a tender offer for the purchase of some, or all, of company shares directly from shareholders. Musk claims to have received financing commitments of $46.5 billion.

The filing indicates that Musk is yet to decide if he will offer Twitter a tender or if he will pursue other options.

Musk last week offered to buy Twitter for $54.20 a share, or about $43 billion. Twitter announced Friday that it will be launching a new Twitter account. adopted a limited duration shareholder rights planIn an attempt to prevent a hostile takeover, the “poison tablet” is commonly used.

Musk is the CEO of Tesla and SpaceX, in recent weeks has amassed a more than 9% stakeIn the company. Twitter extended Musk an invitation to join its board. Musk was to purchase no more than 14.9%. Musk reversed courseInstead, he made an offer to make Twitter private.

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