Elon Musk Offers to Buy Twitter. A Desperate Move?

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I recently made a post on Elon Musk's latest move to secure himself a stake on Twitter.

While that move may have been seen as the billionaire just flexing his muscles, I made an argument that this was a move for more power and control.

Definitely, when a man achieves so much wealth, he craves for power, even if he will cover his power-cravings with an ear-tickling justification.

@Zestimony

Just a few days into his last Twitter moves, today, the news broke, and Elon is pitching to buy 100% of Twitter for himself. Here is Elon Musk's pitch:

I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.
However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.
Twitter has extraordinary potential. I will unlock it.


Elon Musk - SEC


Was that a pitch? Or a subtle threat?

Elon Musk is definitely up to something, it may be a noble course, it may also be an undesirable path.

One questionable move by Elon was his refusal to join the Twitter board, a move which according to experts frees him to boost his ownership stake in the social media platform and dodge obligations to promote its best interests - Business Standard.

So, you may wonder, was Elon for Twitter or against Twitter?

We didn't have to wait too long to know the answer, he was clearly against the current state of Twitter. According to him, Twitter is not properly playing its roles in promoting free speech, and he can't see himself working with the nerds on the Twitter board to work things out, and if they fail to accept his 43 billion dollars offer to own Twitter, they risk him pulling out his investment, and consequently, Twitter's valuation suffers.

Elon Musk just pulled a clever and intelligent move on Twitter's administration, but, the ethical correctness of this movement will always be questioned, in fact, Twitter board members view this move as unsolicited and unwarranted.


Can we trust Elon?

A man is promising the world free speech by making private a publicly held company. It sounds ironic and sounds like an antithesis!

He is in effect promising us that if he makes Twitter more closed source and highly centralized under his purview, Twitter will be a better place. This is definitely a tough pill to swallow.

Having Twitter on one man's hand is giving him too much power, so much, that he could be considered the world's president? Is that the vision and mission of Elon Musk?

Only time will tell! And as held by this popular French proverb:

Qui vivra verra French
Those who live shall see! English


If you could read the mind of Elon Musk right now, what do you think is the motive behind all these moves? I'll like to get your thoughts on this.

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