Twitter is nearing an agreement to the sale of their platform to Elon Musk for arounf $43 billion, the price the Tesla CEO called his “best and final” offer. Twitter may make the announcement later on Monday once its board has met to recommend the transaction to Twitter shareholders.
Musk made the offer online and the country has been having an enormous discussion about it ever since. Ironically, people seem to be okay with Jeff Bezos, another millionaire purchasing a large newspaper company, and there are no issues. However, people have been in a panic that Elon is going to ‘destroy free speech’. No. He’s going to offer it.
Twitter About To Accept Elon Musk’s Offer To Purchase The Platform!
This morning Twitter shares were up 4.5% in pre-market trading, sitting at $51.15 a share. Musk has said that the platform needs to be taken private and allowed to grow and be a genuine platform for free speech.
Musk kind of trapped Twitter in the offer, by making such a premium on the stock that Twitter would look like fools who don’t think about their shareholders if they declined the offer, however, there’s this open hatred against Musk now because he is a rich guy buying a platform that shares news. *Cough* Can I mention Bezos again? It’s odd how people are okay with one, but not the other.
In the meantime, Musk has been taking a lot more shots on the platform even mocking Microsoft founder Bill Gates by comparing a photo of him with a new emoji depicting a ‘pregnant man’… Whatever that means. It seems since he became the largest shareholder and put in the offer to buy the company, he’s been a lot looser on the platform and isn’t afraid to say what is on his mind (more so than usual).
What an interesting time to be alive! I would love to see what Musk could do with the company, it’s been a cesspool for years.
What do you think? Will they sell to Elon and how will it affect the company if they do? Let us know in the comments below.
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