agreed to buy Twitter for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech.
Musk, one of Twitter’s most prolific users with more than 83 million followers, began amassing a stake of about 9% in January. By March, he had ramped up his criticism of Twitter, alleging that the company’s algorithms are biased and feeds cluttered with automated junk posts. He also suggested Twitter’s user growth was inflated by bots.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in the statement on Monday. “Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
Going private marks a dramatic turnabout for a company that got its start as a messaging service for sharing your status updates with friends, but quickly blossomed into a way for people to broadcast short posts of 140 characters or less to a public following.
Sick of hearing his name and seeing that face with his hair transplant doo....
Why did you feel the need to talk about this ? I come here for car news, not the shit all the other medie sites peddle.. Gonna report on the Ukraine next ?
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Elon Musk Agrees to Buy Twitter in $44 Billion DealBreaking: Twitter accepted Elon Musk’s bid to take over the company, giving the world’s richest man control over the influential social-media network That's how oligarchs work. The US is pretty close to becoming a copy of Russia AndyAuGustin once asked how Twitter would be profitable…we’re about to find out 🥲 Great but we need to hold to his word, free speech for all! Doesn't matter which side of the aisle you are on. Minimum rules, no hate speech and inciting violence! Twitter and other social media facilitators are not capable of determining 'misinformation'. At least so far!
Source: WSJ - 🏆 98. / 63 Read more »
Elon Musk to buy Twitter in $44 billion dealTwitter said Monday it has agreed to sell itself to Elon Musk in a roughly $44 billion deal that has the potential to expand the billionaire's business empire and put the world's richest man in charge of one of the world's most influential social networks. Guess I'll be deleting my account then. ☹️ Nice one Elon Donald Trump is coming back 😂🤲🏾 Y'all complaining can simply deactivate 😂 10,000 subscriptions bahahahahaha cnnplus
Source: cnni - 🏆 326. / 59 Read more »
Elon Musk acquires Twitter for roughly $44 billionThe company’s board and the Tesla CEO reached an agreement on his $54.20 a share bid. Goodbye Twitter Bezos & Gates on a conference call rn, getting ready for a flood of Twitter refugees if Elon let's the Nazis back. FBI US CONGRESS-ALREADY LEGALLY INFORMED-STATED TO THE HouseIntel & OversightDems-11/28/20-I will be taking all of the assets of the coalition of Civilized Nations and their loyalists.This was determined between 2003-2005.I.e.Rupert Murdoch,Mark Zuckerberg,Elon Musk,etc.-API🌅
Source: washingtonpost - 🏆 95. / 72 Read more »
Elon Musk to buy Twitter in $44 billion dealElon Musk has said he wants to buy Twitter because he thinks it’s not living up to its potential as a platform for “free speech.” Maybe free speech wins? That's OK, I never go on that site Maybe free speech will return to Twitter.
Source: fox13seattle - 🏆 328. / 59 Read more »
Twitter accepts Elon Musk’s $44 billion bidMusk, who has said he wants to buy Twitter in order to restore the platform’s adherence to free speech principles, will pay $54.20 per share for the company, which he has vowed to take privat… YAY! congratulations Elon! Cannot wait to delete this app
Source: nypost - 🏆 91. / 67 Read more »
Reports of Elon Musk possibly purchasing Twitter prompts another left-wing eruption: 'RIP Twitter'Reports that Twitter is nearing a possible deal to sell itself to Elon Musk have set off a new wave of teeth-gnashing on the left. It's the new 'I'm leaving the country if Trump wins'. LOL. None of them are going anywhere. Bunch of whiners. They're mad because freedom of speech had a huge win today! Watch the left meltdown now.. A Won for Freedom of speech
Source: FoxNews - 🏆 9. / 87 Read more »