People who work for Twitter “must change it as a private company,” says Elon Musk. He has made a $43 billion offer to buy the social media company, and he wants it. If you want to buy all of Twitter’s common shares from Elon Musk, he’s willing to pay $54.20 per share for them. This is based on a statement he made earlier this month that he had a 9.2% share of Twitter.
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“Free speech” is important for a democracy to work, so “I invested in Twitter because I think it could become an international forum for free speech.” There is no way the company can make money or achieve this social goal right now as it is
Shares of Twitter went up by 3.6% in the first few minutes of trading, which is how much they rose. It closed, and they were at $47.49. It was almost a third of the way down before Tesla CEO Elon Musk made an offer. The social network’s shares had lost almost all of their value last year.
Musk said about Twitter: It had “extraordinary potential.” He also said that it was his “last and best offer.” If the company didn’t want to invest in him the first time, he told them to “think again” about it.
Video of the talk: Journalist Chris Anderson was on stage at the TED conference in Vancouver on Thursday and talked about his work. Musk took a video of the interview and put it on YouTube. “It’s very important to have a place where everyone can speak freely,” he said.
As for Twitter, he said that even though a deal with the company isn’t likely, it’s important for democracy in both the United States and worldwide. : People don’t make money with that.
As a result of Elon Musk’s investment in Twitter on April 4, he now owns more shares than anyone else. Twitter said this week that Musk would be on the board of directors and he would be a member. On Sunday, Musk had changed his mind and would not join the board.
Many people at Bloomberg say that Musk has a net worth of $259 billion.
It’s about one-sixth of what he has. An analyst at Wedbush Securities, Dan Ives, says that Elon Musk, the CEO of Tesla, wants to buy Twitter in an “aggressive hostile takeover.” That’s what he thought. He thought that Twitter’s board would either have to accept his offer or look for a better deal.
Ives said that another group or group of people would have difficulty coming up with a good idea. This week will be full of questions about funding, regulatory compliance, and how much time Tesla CEO Elon Musk has to work on both Tesla and SpaceX simultaneously, among other things. This is a “now or never” deal.
Twitter’s other big public shareholders are BlackRock, Morgan Stanley, State Street Global Advisors, and Vanguard, all of which are financial institutions that make money, and they all own a lot of the company.
Musk wants to use Twitter a lot more than he does now when he grows up.
Kardashian and Gomez aren’t even in the same league as Elon Musk, who has more than 80.5 million Twitter fans. It hasn’t always been easy for the government to work with him, even though he tweets. For example, when he said he had the money to take Tesla private for $420 per share in 2019. Even though this wasn’t the case, the stock rose to get the right people’s attention.
Musk was expected to put pressure on Twitter in this area because he thinks that free speech is important and owns a lot of the company. This was made clear in the letter that Musk sent to people who wanted to buy his company. He said that “free expression” was important to him and that it was important to him.
His offer also said that he could try to change the way Twitter works, which is what he said. Verified Twitter accounts, which have a blue checkmark next to their usernames, should be easier for the public and journalists to find. These are some of his ideas.
Faraz is professional tech writer, He writes about technology, gaming and laptop. and he is also a movie critic writer.