Two weeks ago, Elon Musk made an offer to “buy Twitter,” or rather, become the majority shareholder of Twitter, a public company. He offered $43 billion of his Ponzi-scheme’d money and Twitter was like “lol, probably not but we’ll think about it.” They thought about it and decided to f–king sell Twitter to Elon Musk, a complete loon, for $44 billion.
Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday. The stock closed up 5.64% for the day after it was halted for the news.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement included in the press release announcing the $44 billion deal. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
The cash deal at $54.20 per share is valued at around $44 billion, according to the press release. Twitter will become a private company once the deal is complete.
Keep this in mind: at first, Twitter offered him a seat on the board with one of the few preconditions being “he’s got to pass a background check.” Elon withdrew from the offer of a board seat and then just bought Twitter outright. Did he ever pass a background check? Would he pass one?
So, yeah, basically the only social media platform I use on a daily basis is now a private playground for some billionaire douchebag. I expect he will allow all of the Nazis to come back (many of them never left) and I also expect to see the troll bot farms ramp up even harder than before. I’ll likely still stay on Twitter because of work, but yeah… this is a kick in the nards. Musk Twitter is going to suck so hard.
Photos courtesy of Avalon Red, Instar.
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USA Rights Only, Berlin, Germany – 20191112- Elon Musk poses for pictures as he arrives at the Das Goldene Lenkrad award ceremony.
-PICTURED: Elon Musk
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Elon Reeve Musk
Auto Build – THE GOLDEN STEERING WHEEL – Main Reception – Berlin – 12.11.2019,Image: 540924644, License: Rights-managed, Restrictions: , Model Release: no, Credit line: AndreasSuhrU / Bang Showbiz / Avalon
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(200107) — SHANGHAI, Jan. 7, 2020 () — Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020.
U.S. electric carmaker Tesla officially launched its China-made Model Y program in its Shanghai gigafactory Tuesday, one year after the company broke ground on its first overseas plant. The first batch of China-produced Model 3 sedans was also delivered to its non-employee customers at an opening ceremony for the program. (/Ding Ting),Image: 562871736, License: Rights-managed, Restrictions: WORLD RIGHTS excluding China – Fee Payable Upon Reproduction – For queries contact Avalon.red – [email protected] London: 44 (0) 20 7421 6000 Los Angeles: 1 (310) 822 0419 Berlin: 49 (0) 30 76 212 251, Model Release: no, Credit line: Ding Ting / Avalon
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- (FILE) Elon Musk acquires 1,200 ventilators from China to help alleviate coronavirus COVID-19 shortage. Tesla and SpaceX CEO Elon Musk has acquired a trove of ventilators from China and shipped them to the U.S. for distribution to hospitals in need during the coronavirus. BEVERLY HILLS, LOS ANGELES, CALIFORNIA, USA – FEBRUARY 22: Chief Executive Officer of Tesla, Inc. and SpaceX Elon Musk arrives at the 2015 Vanity Fair Oscar Party held at the Wallis Annenberg Center for the Performing Arts on February 22, 2015 in Beverly Hills, Los Angeles, California, United States.,Image: 563994638, License: Rights-managed, Restrictions: WORLD RIGHTS – Fee Payable Upon Reproduction – For queries contact Avalon.red – [email protected] London: 44 (0) 20 7421 6000 Los Angeles: 1 (310) 822 0419 Berlin: 49 (0) 30 76 212 251, Model Release: no, Credit line: Xavier Collin / Image Press Agency / Avalon
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- 01 December 2020, Berlin: Elon Musk, head of the space company SpaceX and Tesla CEO, comes to the Axel Springer Award ceremony. Musk will accept this year’s Axel Springer Award.,Image: 572867757, License: Rights-managed, Restrictions: , Model Release: no, Credit line: Britta Pedersen / DPA Picture Alliance / Avalon
