The chronicle that binds Elon Musk and Twitter is definitely not ready to meet its end point. The billionaire has just offered to buy Twitter 100%, and her proposal is causing a lot of talk about her on Twitteras you will see.
elon musk’s offer
Elon Musk just performed a takeover bid for Twitteran offer that values the company at $43.4 billionwhile promising to “release” the full potential of the platform by privatizing it. Elon Musk’s offer, which therefore amounts to $54.20 per sharecomes just days after he refused to join the company’s board, when he had become the majority shareholder.
The entrepreneur announced his offer today (April 14, 2022) in a document filed with the US Securities and Exchange Commission. In a letter to the company’s board, attached to the document, Musk said he invested in the platform, of which he is an avid user, because he believed in its potential to become “the platform for freedom of expression worldwide”. Elon Musk, however, clarified that he realized that the company could not “neither prosper nor serve this societal imperative in its current form”. He writes thus in conclusion: “Twitter must be transformed into a private company”.
Elon Musk then said his offer was a 54% premium to the day he started investing in the company, and a premium of 38% compared to April 1, three days before its stake becomes public. However, the billionaire hinted that he could withdraw if the case were to fail:
My offer is my best and last offer, and if it is not accepted, I should reconsider my position as a shareholder. Twitter has extraordinary potential. I can unlock it.
Twitter said, for its part, that its board of directors “will carefully review the proposal to determine a course of action that it believes is in the best interests of the company and all Twitter shareholders”. And waiting for the verdict from the administration boardInternet users, half fig half grape, had a blast commenting on the newsas you will be able to see with the following 22 tweets.
1)
NO! He’ll reinstate the former and whoever else was banned. no way
April 14, 2022
NOPE ! He will reinstate the elders and all who have been banished. No way.
2)
Elon Musk wants to buy Touitteur, trust the plan
April 14, 2022
3)
Good
April 14, 2022
4)
And that will be the day I delete my Twitter account.
April 14, 2022
And that will be the day I delete my Twitter account.
5)
We are still talking about the future president of the USA, having such a media would be crazy
April 14, 2022
6)
He points to Twitter’s weakness, and he hits very hard
April 14, 2022
7)
A single person is able to make an offer of 41 billion dollars to buy back a box mdrr
Elon Musk, the ultimate chad
April 14, 2022
8)
Musk begins to extend his tentacles. I don’t know if it’s good.
April 14, 2022
9)
It will change twitter for the better with less censorship and more neutrality
April 14, 2022
10)
20th century billionaires bought newspapers, 21st century billionaires buy social media.
Once you have money, you have to find a way to turn it into power, it’s done through influence.April 14, 2022
11)
The Twitter logo after being bought out by Elon Musk pic.twitter.com/RnNCHsydov
April 14, 2022
12)
Elon Musk wants to buy EVERYTHING Twitter.
Fantastic https://t.co/F0OwYnhcrEApril 14, 2022
13)
Elon Musk has always been a big redneck who doesn’t know what to do with his money.
April 14, 2022
14)
Elon Musk who now offers to buy 100% Twitter MDR if he succeeds, he will have an undivided influence in society
April 14, 2022
15)
Elon Musk offers to buy 100% of Twitter shares to restore freedom of expression worldwide. That’s the definition of philanthropy, isn’t it Mark?@AniceLajnef @idrissaberkane https://t.co/FH5k6iTCdj
April 14, 2022
16)
Elon, he buys twitter like me, my baguette. Only 40 billion dollars separate these two acts.
Elon Musk offers to buy Twitter https://t.co/QgjFMf7GYV
April 14, 2022
17)
Elon Musk who wants to privatize Twitter I say yes https://t.co/osG49xsLMg
April 14, 2022
18)
Elon Musk offers to buy 100% of Twitter and then take the network off the stock exchange, otherwise he threatens to sell its shares. He’s a hero.
April 14, 2022
19)
Ptn Elon Musk he’s so far away
April 14, 2022
20)
Elon Musk is worth $302.1 billion, nearly twice the second richest man. Twitter has a market value of $37.6 Billion.
If Musk bought Twitter, even if the value dropped to $0, he would still be the richest man in the world.
But if he owned Twitter, it would be wildly profitable.
April 13, 2022
Elon Musk is worth $302.1 billion, nearly double the second richest man. Twitter has a market value of $37.6 billion.
If Musk bought Twitter, even if the value fell to $0, he would still be the richest man in the world.
But if he owned Twitter, he would be wildly profitable.
21)
If Elon Musk buys Twitter, he will be the first African American to own a major social media platform. This is a great day for diversity. Another glass ceiling shattered!
If Elon Musk buys Twitter, he will be the first African American to own a major social media platform. It’s a great day for diversity. Another broken glass ceiling!
22)
Elon Musk is irreplaceable—a gem of a human.
April 13, 2022
Elon Musk is irreplaceable – a jewel of humanity.
And you, what do you think of this news? Do not hesitate to give us feedback on the subject via our comments section! And if you want to know what common point Elon Musk does not share with many other billionairesyou can refer to our previous article on the subject.
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