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Elon Musk Makes $43 Billion Unsolicited Bid to Take Twitter Private

By HatetheSwamp
April 14, 2022 6:12 am
Category: Media

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The world’s richest person will offer $54.20 per share in cash, valuing Twitter at about $43 billion. The social media company’s shares initially soared in pre-market trading before falling slightly to about $48, after investors began to assess how one of the platform’s most outspoken users will succeed in his takeover attempt...

Much of Musk’s ire against Twitter has been directed against his perceived censorship by the platform. In a letter to Twitter’s board, Musk said he believes Twitter: “will neither thrive nor serve [its free speech] societal imperative in its current form. Twitter needs to be transformed as a private company”


People who love liberty are cheering. Twitter has come to be what 1984 presaged.

Here's to hoping that, if there's a Musk Twitter, it will forget to free up Trump's account.


Cited and related links:

  1. bloomberg.com

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