I guess, when you're talking about the markets, there's never really a dull day. Is there in this video? I want to dive into the absolute insanity that is wall. Street billionaires are freedom of speech. This whole story between elon, musk and twitter is absolutely insane, as the saga continues, as the average person who might just be like hey, what's going on when you really dive into it, which is what we're going to be doing.

It really just highlights the insanity of the world systems that we have going on. So with all that in mind, let's get into some of the details, so we can better understand what, in the hell, this situation even is and what it means for you what it means for me. So, unless you've been living under rock, you probably know that there's something crazy something funky going on with the world's richest man, elon musk, who has a net worth between 250 and 275 billion dollars? Isn't that crazy in itself that when we're talking about it, you could just round by 25 billion anyway, i digress anyway, elon and twitter. So this all came about when people realized that he owns 9.2 percent of the company and he was acquiring shares very very quickly, and the question is what in the world is he doing then at one point in time he was twinning he's, like is twitter, a Dying platformer, like dude, you own, a lot: are you gon na join the board, he's like yes and then he's like? No, i'm actually not going to join it, and then people realize that if you are a board member, you can't own more than 14.9 percent of the company and the fact that he didn't want to be a board member.

When maybe he realized this. It's like what is he doing. Is he going to take over and that's exactly what we're going to talk today, we're talking about the intersection of digital communication on big tech, billionaires and wall street and the basic cluster mixer that it all really is now for posterity's sake. Just so, you know when i'm filming this twitter's currently trading at 45 dollars a share, and that will be important in just a second overall, it's worth about 36 billion, at least at this moment in time.

So if we rewind the clocks, just a little bit, musk backing off twitter board opens door to hostile takeover. I made a video on how this would be possible option is one is just it's elon being elon and he's a troll and maybe he'll just forget about it, doesn't seem like it's going to go that way. Another option is tendering an offer, which is what happened today and we'll get in the details of that he could do it individually. He could do it with a group and a third one is what's referred to as a poison pill kind of option, if he's buying shares off the open market.

I want to talk about that as well, because all this stuff just shows the pure insanity of wall street and the ultra wealthy. So here's what happened today, the tl dr version elon musk - offers to buy twitter for 43 billy, so it can be transformed as a private company as in no longer on the stock exchange. He early this morning on april 14th, i made an offer: here's the official filing you can dive into it, i'll post it below. But what you need to know is, he said i'll put up the 43 just a little over 43 billion.

He priced all of twitter at 54.20, a share if you do that, math out and like i said, as you can see currently trading at 45.. So the big question was: are they going to accept it? That's what everyone's question was today what's going on, and i have that update for you as well. Can elon musk buy twitter? This is where all of a sudden you go down the rabbit hole, and you just realize how absolutely insane this is. The directors met early today, thursday april 14th to review the offer with the help of goldman sachs and then to allegedly help out elon, which i think is probably more the other way around was morgan stanley, but shout out to zerohedge here.

How insane is this? Well, this is awkward twitter board, hired goldman to advise it that elon's, 54 and 20 cents offer is too low and that's obviously per share which comes out to the 43 billy. Only problem goldman has his cell rating on 30 price target. Oops elon came in said, hey i'll, buy it for a premium. A noteworthy premium at 54.20 per share and goldman was the people who said: hey, don't do it, even though goldman itself has a price target of thirty dollars.

All this is, is the insanity of it feels at a certain point of all. Those plebeians are on some chessboard and we're being moved around like ponds where there's a couple. People with a dense amount of not only wealth but also power, making these decisions, and at one point you could be like okay, ah like whatever that's weird but think about what this is actually having implications on societal implications. On the fact of, is this good for everyone when we're talking about one of the most popular big tech, digital communication platforms? We're talking about freedom of speech here, one of the biggest issues that elon and a lot of people could fairly have against twitter.

Is censorship of who are you blocking? Why are you blocking them? What's your decision, it seems like in a fair argument that they're attempting to control global political based discourse and then all of a sudden what you have goldman come in here. What are their interests? It's one of these things where it's fair to ask, as just the average person of are these people doing it to line their pockets or are they doing what's best for society what's best for global humanity? I think it's a fair thing and when you see things like this and the contradictory points it it gets wild anyway. So after goldman it was reported, twitter board views musk's takeover as unwelcome. So this leads us to the poison pill.

The company is weighing adopting a so-called poison pill that will block mr musk, who owns 9.2 percent of the company from increasing his stake beyond 15. You might be thinking what is a poison pill. This is when a company basically cuts off its nose despite its face. It's when it offers its current shareholders additional stock for a cheap discounted price.

This essentially dilutes the company and it's kind of a mathematical side of hand, but then it will lower the percentage that a previous person already has such as elon, and if he doesn't get a high enough percentage, he won't really have control. So once again, it's a way to really thwart a hostile takeover, but in a certain sense, you're, almost like sacrificing the company itself because you're just choosing to dilute it. So at that point it's another thing: it's like okay, the board members. What's your best interest, are you doing what's best for your shareholders and people were actually starting to call that out? But when this all happened, musk then today was saying uh.

He was asked if there was a plan b and he said there is, and a little bit after that. We saw this if the board of directors at twitter reject the offer made by elon musk, that wouldn't the board be acting in direct opposition of the financial interests of their shareholders and elon followed up absolutely. It would be utterly indefensible not to put this offer to shareholder vote. They own the company, not the board of directors.

I mean at a certain point: you have a fiduciary responsibility and it is the shareholders and now all of a sudden if the board thinks nope we're not even going to bring it. That means that there's one group of people, the board and elon and some people at goldman and morgan stanley, who are making massive massive decisions that have an impact not only on the u.s population but on the world population because twitter's that popular and it should be Up to the people, the people who are invested, the people who literally have their money on it, not a group of people who are on the board, who really just want to keep accepting their easy paycheck and i'm saying easy. Paycheck because twitter, like look at their cash flow, it's not that good and yet they're all millionaires, billionaires and it seems like a strange struggle of people who are really going for power and wealth rather than the best thing for not only a country. But let's take it in more of a smaller case of just the best for the company, like you have to ask the shareholders for this type of thing.

So, regardless of how it all goes, it's going to end up with this elon musk's 43 billion offer to take twitter private will force shareholders to choose between him or their trust and ceo perog, which, if you see what's going on in social media, there's a lot Of people who maybe don't at all have trust in perog because it seems like elon's play is for freedom of speech, and i think it's easy, and i saw some maybe dissenting opinions of like, should it be in the hands of a billionaire folks. I want to remind you that this is all billionaires, fighting billionaires, perroc himself. A quick search will show you that he's a multi-billionaire, it's just one billionaire who has less billions than another one. This is all a battle of the rich and the wealthy elon para goldman.

Morgan stanley, all of this - this is just an insane cat and mouse game and then what the average person is left just waiting around, seeing how it possibly goes, even though there's massive implications, i don't know those are just my thoughts. Let me know yours in a comment below.