Dear valued readers, We have some exciting news that we would like to share today. Tesla Chairman Elon Musk has offered to purchase Twitter for the previously agreed value of $44billion. Following Twitter filed a lawsuit against Musk in connection with a breach of contract the offer was accepted. We believe that this offer is in the best interest all involved parties and hope that the Delaware Chancery Court will accept Musk’s offer. We’ll continue to post more information about this situation as they become available.
1. What makes Elon Musk so keen to buy Twitter?
Elon Musk, who is the CEO, co-founder, and Chief Technology Officer of SpaceX and co-founder as well as Chairman of SolarCity, is also the co-founder and CTO at Tesla Motors. Musk is also the co-founder of The Boring Company, a tunnel construction firm. Musk is also an expert consultant for his private industry. He is the creator of the Hyperloop the high-speed, vactrain system for transportation. Musk is now turning his attention towards Twitter and teases the possibility of making it a “super app”. While it’s not clear what the reason is for Musk would purchase Twitter however, it could be due to a few reasons. Musk might see Twitter as an important communication instrument. Twitter is a website which allows quick and effortless dissemination of data.
2. How much did he first accept to pay for Twitter
Elon Musk, the billionaire’s CEO of SpaceX as well as Tesla. Musk has suggested that Twitter could turn into an “superapp.” Musk’s comment was made in response to the request of a user asking if he was interested in buying the social media site. Musk did not specify the amount he’d be willing to shell out for Twitter however, he also said that he’d consider the possibility of integrating it with his various companies. It would be a good idea to do this. sense for Musk, who has repeatedly criticized Twitter over the years. In 2016, Musk declared a boycott on the site after it had shut down his account.
Quick Summary
The lack of enthusiasm in the liberal media over Elon Musk being able to control Twitter suggests a fear that Americans might not be able to think on their own and Musk’s tech company might become a vehicle to push conservative beliefs.
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