Tesla CEO Elon Musk offers to buy Twitter for $43 billion

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Elon Musk is offering to buy Twitter for $43 billion, saying the social media platform he has criticized for not living up to free speech principles needs to be transformed as a private company.

Twitter Inc. said in a regulatory filing on Thursday that Musk, currently the company’s biggest shareholder, has proposed buying the remaining shares of Twitter that he doesn’t already own at $54.20 per share, an offer worth more than $43 billion.

Twitter said it has received Musk’s offer and will decide whether it is in the best interests of shareholders to accept or continue to operate as a publicly traded company.Musk revealed in regulatory filings over recent weeks that he’d been buying shares in almost daily batches starting Jan. 31, ending up with a stake of about 9%. Only Vanguard Group’s suite of mutual funds and ETFs controls more Twitter shares.

Elon Musk, Tesla CEO, attends the opening of the Tesla factory Berlin Brandenburg in Gruenheide, Germany, March 22, 2022.

 

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Twitter = C1A. Aint no way he is buying this website from them. Unless they have a deal in place.

If they’re going to have this much power, then fine, we tax the crap out of their wealth, and yeah, then you can own an entire, socially hackable, culturally unstable platform, with tremendous influencing power. No problem.

That's a very trumpy profile of him they chose.

He's only doing this to sell his shares.

So he can make Twitter a racist and toxic hellhole like he did to Tesla?

MikeDeCicco The Lad is still angry he got called out for calling that British diver a Paedo!

This would help me break my addiction and leave.

healthcare, please.

What could possibly go wrong?

That self serving nob could give a rat's ass about free speech. Covid kills all the wrong people.

Twitter Last Week Prior To Musk Rejecting Board Membership , Twitter Did Threaten Me That If They Suspend Me Again It Could Be Permanent Exile From Twitter,,,, HA!!! The Risk Of Sounding Like Narcissist Trump, Bouncing Me Would Hurt Twitter Worse Than If Would Hurt Me ,,,

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