for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world's richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.
Elon Musk's tweet displayed on a screen and the Twitter logo displayed on a phone screen is seen in this illustration photo taken in Krakow, Poland on April 14, 2022. Shares of Twitter Inc. rose more than 5% Monday to $51.70 per share. On April 14, Musk announced an offer to buy Twitter for $54.20 per share. While the stock is up sharply since Musk made his offer, it is well below the high of $77 per share it reached in February 2021.
Beyond that, though, he said he’d be "very reluctant" to delete things and in general be cautious about permanently banning users who violate the company's rules. During his candidacy and presidency, Trump used Twitter as a powerful megaphone that enabled him to speak to the public directly, often using incendiary and divisive language on hot-button issues. He was permanently banned from the service in the aftermath of the Jan. 6 storming of the Capitol.Tesla CEO Elon Musk offered to buy 100% of Twitter for $54.20 per share and to take the social media company private, according to an SEC filing.
Some users said Monday that they were planning to quit the platform if Musk took it over. To which he responded on Twitter: "I hope that even my worst critics remain on Twitter, because that is what free speech means." With initial concerns of its own about the deal, Twitter had enacted an anti-takeover measure known as a poison pill that could make a takeover attempt prohibitively expensive. But the board decided to negotiate after Musk updated his proposal last week to show he had secured financing, according to The Wall Street Journal.
Uhhh..40 billion divided by 330 million is 119 dollars...that'll sure end poverty in the US. Too bad it won't cure stupidity🤣
With 40 billion dollars, Elon Musk could have given each of the 330M people living in America a million dollars and still had $7B left over. 🫤
You don’t say
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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 »