As our valued customers, we are excited to share some news with you this morning. Tesla Chairman Elon Musk has offered that he buy Twitter with the initially agreed price of $44 billion. Following Twitter filed a lawsuit against Musk over breach of contract the offer was accepted. We believe this proposal will be in the best interest of all parties involved and hope that the Delaware Chancery Court will accept Musk’s offer. As more information becomes available, we will be sure to keep you updated.
1. What’s the reason Elon Musk so keen to buy Twitter?
Elon Musk is founder, CEO and CTO of SpaceX He is also the co-founder and CEO of Tesla Motors, and chairman of SolarCity. Elon Musk has been the co-founder and CEO of SpaceX and also The Boring Company (a tunnel construction company). Musk is also an expert consultant for industry. Musk has suggested the Hyperloop high-speed vactrain transport system. Musk has since turned his attention towards Twitter, and has talked about the possibility of making it into a “superapp’. It is not entirely clear the reason Musk wants to invest in Twitter however there could be several possible motives. Musk might see Twitter as an essential communication tool. Twitter is a social media platform which allows quick and easy dissemination of information.
2. What is the initial amount he would agree to pay for Twitter?
Elon Musk, the billionaire’s chief of staff at SpaceX and Tesla. Musk has suggested that Twitter could become something called a “superapp.” Musk made the comments in response to a message by a user asking if he would be keen on acquiring the social media giant. Musk was not specific about the price it would cost him to acquire Twitter but he said he’d consider integrating the platform alongside other businesses. Musk is an outspoken criticism of Twitter and so such a move would make sense. After Twitter suspended his account in the year 2016, Musk called for a boycott.
A Short Summary
The liberal media’s anguish over Elon Musk being able to control Twitter shows a fear that Americans might not decide for themselves, and the company could use the platform for promoting conservative values.