Elon Musk, who stepped back from buying Twitter earlier this year, has made a surprise U-turn.

Twitter has confirmed that the billionaire entrepreneur has proposed to complete the deal.

Elon on Tuesday offered to push through with his buyout of Twitter at the original agreed price.

His surprise move came just weeks before the scheduled start of a bitter court case over his efforts to withdraw from the deal.

Musk said in a filing with the Securities & Exchange Commission that he sent Twitter a letter vowing to honor the contract.

Twitter has said that they will close the deal with the billionaire at the original price.

Tesla CEO proposed to buy the social media company at the originally agreed-on price of $44 billion.

In response, Twitter said it intends to close the transaction at $54.20 per share after receiving the letter  from Elon Musk

Twitter stopped short of saying it’s dropping its lawsuit against the billionaire Tesla CEO.

Experts said that makes sense given the contentious relationship & lack of trust between the two parties.