Elon Musk Has Triggered a Battle for the Future of Twitter

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Elon Musk has offered to buy Twitter, for $41 billion. The surprise move has been labelled by some experts as a whim to gain attention, while others think it's a game changer. Via WIREDUK

before trading opened on April 14, up more than 6 percent from the day before. The stock opened up, trading at $48.36.

Other responses to the takeover attempt have focused on what Musk would do if it goes through. Musk’s direct mention of free speech in the letter accompanying his bid has people worried that if he does take over the platform, he could roll back some of the platform's measures against hate speech. While Musk, the company’s largest shareholder, obviously wants the sale to go ahead, other large shareholders, including The Vanguard Group, Morgan Stanley, BlackRock, and State Street Corp, may not. WIRED asked all four firms whether they would accept a Musk takeover. At the time of publication, Morgan Stanley had not responded.

Even if the bid fails, and Musk doesn’t get to see how well he could run Twitter alongside Tesla and SpaceX, as the firm’s primary shareholder, he likely still wins for sending the stock price soaring.

 

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WiredUK No wonder Twitter are waiting - 10 more minutes it’ll be $45 billion

WiredUK It can be both.

WiredUK i knew there was a business reason he was FUDing his own bags, to try make the stock dump, so a semi decent buy out offer ends up looking like the golden ticket.. it's like even his trolling is psyops

WiredUK Twitter, owned by Saudis who are the biggest abusers of the Alphabet People, involved in 911, use Draconian violence to remove the Alphabet People from the earth. How did America allow these people to own Twitter? Shameful.

WiredUK Or CIA dark ops

WiredUK If this really went through it would be the end of free speech on this platform and he would let all those conspiracy lunatics kill it. Twitter TwitterSafety

Correction: The total value of Elon Musk's offer to buy Twitter is $43 billion, not $41 billion.

WiredUK Do it.

WiredUK Doubt it will be accepted. They already declined to entertain a $42 billion offer earlier this month. They won't even respond to my email.

WiredUK Can you say stock manipulation?

WiredUK Elon put on some pounds

WiredUK An interesting tactic. He buys 9% first and that raises the value of the shares. Then offer to buy below value. What's next? Sell this 9%, cause a price drop, then buy at a price above value!?

WiredUK Power moves ♟ your move Twitter.

WiredUK Then we wonder what happens if we taxed a lot the ultra rich (.1%)… we woudnt have this immature fellow playing with peoples lives.

WiredUK The GOAT

WiredUK Looks great

WiredUK It's kind of sad really. It's either a vie for more attention or a way to game pricing to pump and dump.

WiredUK BREAKING NEWS: You are more than likely being mislead because words are cheap & people do not listen because they are full of themselves. When we misrepresent, we are injurious! - -- ❤️💕💕 Try Truth

WiredUK Stock manipulation seems probable..

WiredUK I am not on Board skyler. I am the board.

WiredUK Why do I have the feeling this is a very bad idea? ElonMuskTwitter

WiredUK When I heard the news, I re-installed twitter.

WiredUK Buy Russia!

WiredUK So his plan is to remove all filters and let everyone have completely free speech. No limits, hate speech disinformation, everything goes. Okay fine. And how does that 'transform' anything? Everyone is already polarized and in their secluded groups and hates each other anyway.

WiredUK F**k E*** M**k

WiredUK Many are saying it's a pump and dump tactic. Offers to buy the company Causes the stock price to skyrocket Twitter says 'NO, we won't sell' He instantly dumps his existing 74 million shares at the artificially high price. price crashes. He doesn't care; made billions of $$.

WiredUK To gain attention? This dude can already get all the attention he'd ever want. He's serious about this. And I think he's right about it.

WiredUK mr_riightt_now

WiredUK Sounds like someone needs to be audited!

WiredUK I hope he buys twitter, and bring Donald Trump back.

WiredUK Remember when he said he could end world hunger for 6 billion and instead decided to spend 7x that on a social media company?

WiredUK unfortunately, his offer will not be accepted.

WiredUK No.

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