Economics Finally Bites, Twitter Seals The Deal On Elon Musk’s $44 Billion

Bringing an end to the Twitter vs Musk saga, their board of directors said just this afternoon that it has accepted Tesla CEO, Elon Musk’s, $44 billion offer to buy the company. This move ushers in a new age for the social-media platform. Apparently common sense finally won out with the members of Twitters stockholders. Money talks!

Musk will pay $54.20 per share for the company, which he has vowed to take private. His aim is to restore the platform’s adherence to free speech principles. Musk who has made it plain he is a free speech advocate has called it the bedrock of a functioning democracy and not only does he see it as a place where real debate can take place but he made it plain that he is looking forward to working with those in the Twitter community and the company to make open and free speech a priority, “unlocking” it’s potential as he refers to it. Stay tuned America – this should be worth watching.

The acquisition of Twitter by Musk has unnerved the more liberal users of the site, as well as those more left learning employees. Hopefully, the free speech platforms proposed by Musk will not be too bitter a pill for them to swallow. However, the Pro-Republican voices have been energized at the thought and are hoping that the platform will reinstate former President Donald Trump who was banned by Twitter as well as other social media companies for what they believed was his role in the so-called Jan. 6, 2021 rioting at the US Capitol. We will see what Elon has in mind.

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