Elon Musk To Buy 100% of Twitter?!
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Man, oh man, this whole elon, musk twitter saga just keeps getting better and better and better and the newest update. There is elon musk, literally just offered by 100 of twitter, literally the entire thing now. Obviously this could have big implications not only on twitter and the twitter shareholders, but big tech and maybe even a little bit of freedom of speech. So let's dive into everything that you need to know so.
Here's the skinny on the situation in the early morning on thursday april 14th, elon tweeted out, i made an offer and the tl dr version of that is right here. Elon musk offers to buy twitter for 43 billy, so it can be transformed as a private company, and this is continuing the rhetoric of hey his push for having a digital forum. That truly cares about freedom of speech and, i think, he's even doubling tripling quadrupling down. Obviously, putting his money where his mouth is in the actual filing itself, some interesting details that i want to quickly go over.
So on april 13th. 2022: it's a non-binding proposal to acquire all the outstanding stock he's. It's an all cash offer! That's a lot of cash! 5420, which then equates to 43 billion and obviously, depending on the date that you're comparing twitter's stock price to. It is obviously a very nice premium, 54 premium relative to january 28th and 38 premium to april 1st.
And this is why it's important - and we have some interesting - i guess - communication between elon and then also the chairman of the board brett taylor. This is his message to him. I invested in twitter, as i believe in its potential to be a platform for free speech around the globe and i believe free speech is a societal imperative for a functioning democracy. However, since making my investment, i now realize the company will neither thrive nor serve this societal imperative in its current form.
Twitter needs to be transformed as a private company. I have to admit in my own personal estimation, i 100 agree with this before when we were talking about what is elon going to do. There was one case where maybe he was a troll and he was just going to forget about it. He could have been slowly buying more shares off of the market, but then the company could have poison-pilled him as in diluting it, so he would have never gotten to the voting share that he needed well.
It looks like he went with option number three of just. He was tendering an offer which you're seeing right here and it seems like he's driving forces. He says we need a digital platform that actually puts freedom of the speech at the utmost imperative and to me, that's sounding pretty good. As a result, i am offering to buy 100 of twitter for 54.20 per share in cash 43 billion a 54 premium over the day before elon began, investing in twitter and 38 premium over the day before the investment was publicly announced.
My offer is my best and final offer and if it is not accepted, i would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it. What's interesting. Is this final sentence here? I would need to reconsider my position as a shareholder. A little bit of a threat, and then we have more information on what that best and final offer is. I am not playing the back and forth game. I have moved straight to the end.
It's a high price and your shareholders will love it. If the deal doesn't work, given that i don't have confidence in management, nor do i believe i can drive the necessary change in the public market. I would need to reconsider my position as a shareholder. This is not a threat a little bit of a threat.
It's simply not a good investment without the changes that need to be made and those changes wouldn't happen without taking the company private. So here's what's going on elon, is trying to buy all of twitter 43 billion 54 20 share, taking it private and turning it into something that actually cares about freedom of speech calling out the management saying hey. They are not the right people for the job and i have to admit it looks like our boy. Elon is absolutely dunking on twitter and particularly their leadership team.
Obviously these are my own opinions. I would love to get your thoughts in a comment below you.
One of the best things Twitter should have done was bought Clubhouse to compete with other platforms tick-tock is its own beast but at least you wouldβve had the engagement especially the way that clubhouse initially came about they missed the ball on that one and if we wanna go all the way back they shouldβve bought Snapchat as well but thatβs another story for another day
So if thus deal is made do my shares of Twitter automatically get sold? Also he's 100% correct, the executive team at Twitter thinks they have some sort of responsibility to curb misinformation. Not true, we're a free people and I'm allowed to read fake news and real news and make my own conclusion. By censoring any information you're giving me the conclusion you want me yo have.
Elon is exactly right about his statements. Dunking for sure. Can he unlock it's potential, or will he lose 50% of it's user base due to them having to face both sides of issues now?
I'm wondering if people will actually use Twitter if he purchases it. Only like 7% of people use Twitter even before all the censorship
Lookout for a deal between Twitter and cryptocom… They have billions for marketing and Kris (CEO) is extremely savvy.
Crypto is about to fly! Elon is doing a hostel takeover of Twitter with 43 billion dollars…
Combine this with his starlink service and he will supply the world with the ability to communicate outside of their government. I trust Elon, don't know why but I like him…though, it could also be a detriment to society in the long long term.
Only time will tell
Great time for a call/put method strategy. If they accept it will jump in the 60s if they reject it will go in the 30s when elon and a bunch of people sell.
Most powerful man in the world able to offer 43 billion for a company wow
Oh man Iβve been waiting for an hr for your video reaction on this! Lol now I can go back to sleep before the market opens lol
Love it!!!!
Fuck Elon he's so sketchy and this villain level shit. HE DOES NOT CARE ABOUT FREEDOM OF SPEECH, HE WANTS TO SHUT DOWN PEOPLE WANTING TO HOLD HIM ACCOUNTABLE.
Like this this for marijuana
A lot of morning scramble. No one in the Socialist Party that runs this country wants free speech so I would expect a lot of volatility. We all know the Govt controls Social media and it's BS fact Checkers
Lol. I can't wait to see the cuck employees reactions. Delicious.
Elon is DUNKING on Twitter's leaders! Will you be buying?
This is a pump and dump