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Elon Musk To Acquire Twitter After They Agreed To His $44 Billion Offer
Musk plans to change a lot of things to keep the free speech alive.
The social media platform Twitter will soon become a privately-owned platform as Elon Musk’s offer of $44 billion or $54.20 per share on the table has been accepted. Previously, the Tesla CEO revealed that he owns over 9% of the stake in Twitter.
Musk’s official document in offering his letter was frank as he wrote, “I invested in Twitter as I believe in its potential to be the 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 […] Twitter has extraordinary potential. I will unlock it.”
Musk has been outspoken about the lack of free speech on the platform, referring to the multiple times differing opinions lead to unexplainable suspensions.
Musk also plans to “authenticate all real humans,” although he hasn’t detailed how this would be done. The CEO is also set to join a Q&A session with Twitter employees sometime in the future. Oh, and he promises to make the edit button available.
Here are how the internet reacted to the acquisition.
Elon Musk outside Of #Twitter HQ when the board member meet.#ElonMusk #ElonMuskTwitter #ElonMuskBuyTwitter pic.twitter.com/g5fDtEo6x4
— Patel Meet (@mn_google) April 25, 2022
