Billionaire Elon Musk, behind such ventures as SpaceX and Tesla, has decided that the next step in his dealings with Twitter is to simply acquire the social media platform.
Tweeting “I made an offer,” Musk may have made a lot of dreams come true, or nightmares, depending on which side of the aisle you’re on.
I made an offer https://t.co/VvreuPMeLu
— Elon Musk (@elonmusk) April 14, 2022
Musk put down a massive $41.3 billion offer for 100% ownership of Twitter.
Will all of those who suggested @elonmusk might be going for a hostile takeover of twitter take a bow? Looks like Musk has offered to buy 100% of Twitter for $54.20 per share, valuing the company at $41.3B, in a takeover bid. His letter: pic.twitter.com/crXCb4JFQY
— Katherine Brodsky 🏴☠️ (@mysteriouskat) April 14, 2022
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” he wrote in a statement.
“However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100 percent of Twitter for $54.20 per share in cash, a 54 percent premium over the day before I began investing in Twitter and a 38 percent premium over the day before my investment was publicly announced,” Musk added. “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it,”
This triggered a massive response on social media:
Live look inside the Twitter Board Room RN: #Twitter $TWTR #ElonMusk @elonmusk pic.twitter.com/C7ErytMRG6
— Colt Yohman (@CStyles45) April 14, 2022
— J (@jaynildave) April 14, 2022
Free speech is worth that imo.
— Tommy ⚡️ Lowtek (@lowtek_tommy) April 14, 2022
Imagine he spent $41,000,000,000 on ending poverty though
— Jules✌️ (@redmenace000) April 14, 2022
Twitter employees gonna need a week of paid vacation to handle this stress haha
— JT Lewis (@thejtlewis) April 14, 2022
You have to consider that bringing free speech to Twitter isn’t as simple as buying it. Apple and Google do not allow free speech, so if you stop the censorship they will kick Twitter from both app stores. We already solved that problem and overcame it.
— Gab.com (@getongab) April 14, 2022
So can we crowd found to buy Twitter stock, get a majority, and block Elon?
— Wyldhare 🐰🌻🇺🇸🇺🇦 (@Wyldhare) April 14, 2022
Elon, not to be “that guy,” but as a Canadian employee of Twitter, you can’t do this. Only the CEO can. I’m an executive myself (youth football coaching legend) and I kicked a player off my team because his granddad questioned my play calling. Grow up and respect authority.
— Three Year Letterman (@3YearLetterman) April 14, 2022
@elonmusk today 🤣🤣🤣 pic.twitter.com/CRlHN8Im8f
— CRYPTO₿IRB (@crypto_birb) April 14, 2022
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Sierra Marlee is a millennial whose hunger for the truth in a world of fake news has led her to BizPac Review.
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