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Elon Musk JUST REVEALED Insane NEW Twitter Plans!
Elon Musk Bought Twitter News
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Elon Musk is on the verge of becoming the messiah of the world.
He started by leading the tech industry, spacecraft, and cars. Then he went for crypto and blockchain, making the market skyrocket. He also notably aided Ukraine in the war. After all these, he’s now willing to be the owner of one of the biggest social media platforms — Twitter. Sounds like a one-man-army! But it impacts the circumstances a lot. Today, we are going to talk about what #ElonMusk just did with #Twitter that changed everything!
Elon Musk purchased a 9.2 percent stake in Twitter earlier this month, and the news quickly spread throughout the internet. Things moved quickly, and the tech millionaire was offered a seat on the Twitter board of directors, which he respectfully rejected. However, as few predicted, the world's richest man has now made a bid to purchase Twitter's whole stock for $43 billion. There are more questions than answers in the offer. If the Twitter takeover fails, the tech titan has previously stated that he has a backup plan. A cursory glance at Musk's filing with the US Securities and Exchange Commission reveals that the tech guru said unequivocally that his $43 billion prices are the best and last offer. This equates to about $54.20 per share on a total basis. Musk feels the price is higher, and that the shareholders will be pleased.
He will not have to sell any Tesla stock to purchase the communication platform because he has stated that he will pay cash. Because his offer was rejected by Saudi Prince Al Waleed Bin Talal and his firm Kingdom Holding, which has a large share in Twitter, the Tesla entrepreneur would have to return to his pocket. "I don't think that the suggested offer by Elon Musk is $54.20 per share. I decline this offer," the prince tweeted, rejecting Elon's offer. He is one of Twitter's largest and most long-term stockholders. Elon Musk responded quickly, as usual, with a tweet that contains more than meets the eye. "Interesting, just two questions, if I may," writes the tech star in his response tweet, “What percentage of Twitter does the monarchy control, both directly and indirectly? How does the kingdom feel about journalistic freedom of expression?"
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