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Elon Musk to buy Twitter

https://techcrunch.com/2022/04/14/elon-musk-offers-to-buy-twitter-for-43-billion/

Quote

The Twitter and Elon Musk saga is far from over as Elon Musk has made an offer to buy Twitter in an SEC filing. The billionaire has said he is willing to pay $54.20 per share to buy 100% of the company. It would be an all cash offer and would value the social network at $43.4 billion.

“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,” Elon Musk wrote in an email to Bret Taylor, Twitter’s chairman of the board (and Salesforce co-chief executive). The email is reproduced in today’s SEC filing. “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% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,” he added.

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  • Once Musk has control, Twitter will eventually turn into the thing Trump was trying to create on his own, but of course was unable. I love Twitter...it's my favourite of all social media platforms, an

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15 hours ago, Mark F said:

might be the last straw for many people. Carlson is key figure in the attempt to overthrow the government. as someone mentioned, he will be attacking our country. 

not that it matters, but Im done with twitter.

account  just deactivated. 30 days it will be deleted.

 

I did it about 6 months ago. Don’t miss it at all. It has actually helped me be less frustrated.

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