Tesla CEO Elon Musk offered to buy Twitter for $54.20 a share, which amounts to about $43 billion, on Wednesday after becoming the social media giant’s biggest shareholder by buying a 9.2 percent stake in the company.
Musk argued in his offer to Twitter Chairman Bret Taylor that Twitter needed to become a private company because it was currently failing to “serve” the “societal imperative” of free speech.
If Twitter accepts Musk’s bid, then the Tesla CEO, who’s repeatedly railed against online “censorship,” could be poised to restore ex-President Donald Trump’s Twitter account, as Republicans hope.
Follow the developments live:
Tesla CEO Elon Musk offered to buy Twitter for $54.20 a share, which amounts to about $43 billion, on Wednesday after becoming the social media giant’s biggest shareholder by buying a 9.2 percent stake in the company.
Musk argued in his offer to Twitter Chairman Bret Taylor that Twitter needed to become a private company because it was currently failing to “serve” the “societal imperative” of free speech.
If Twitter accepts Musk’s bid, then the Tesla CEO, who’s repeatedly railed against online “censorship,” could be poised to restore ex-President Donald Trump’s Twitter account, as Republicans hope.
Follow the developments live:
South African richie-rich, go fuck yourself.
Fascist Apartheid MoneyBro threatens to stamp off in a huff. Fuck that guy.
I have to confess, when I saw the headline, I had a momentary fantasy of all the progressives on Twitter taking a hiatus, leaving Twitter to the fate of Truth Social.
He could probably get Truth Social (Disease) for a song…
How much is Elon Musk worth? Where does his money come from?