Although Twitter stakes are still well below the offered price, and during a remote meeting with company employees, Elon Musk reiterated his desire to move forward to acquire Twitter last week.

In an interview with Bloomberg, Musk cited shareholders' approval of the transaction as one of several "unresolved problems" associated with the sale of Twitter.

The Board of Directors of Twitter unanimously recommended that shareholders approve a proposed sale offer of $44 billion made by Tesla Executive Director Elon Musk, according to a regulatory report released by the company on Tuesday.

Twitter stock prices were substantially proven before the start of trading Tuesday, falling below the $54.20 per share Musk offered to pay.

The last time the Twitter stock reached that level was on April 5, when Musk was offered a board seat before he offered to buy the company in full.

In a report to the American Instruments and Exchange Committee detailing a letter sent to investors Tuesday, Twitter said it "unanimously recommends that you vote to adopt the merger agreement."

If the transaction is completed now, the company's investors will receive profits of $15.22 per share they own.