Featured News

Elon Musk Launches Hostile Bid To Buy Twitter To Destroy It

It is clear that Elon Musk isn’t trying to take over Twitter to improve it. Musk wants to buy it to destroy it.

Musk explained his attempt to buy Twitter in Trump-like terms:

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.

What Musk means by free speech is the unchecked ability for anyone to spread lies and disinformation. Twitter is already a speech platform. Free speech only applies to criticisms of the government, so anyone suggesting “free speech” is their motivation is hiding their true intentions.

There are questions as to how Musk will come up with $43 billion in cash, even the world’s richest man doesn’t have that much cash in the kitchen cookie jar.

Elon Musk Wants To Buy Twitter To Destroy It

Musk has no interest in guardrails, standards, and preventing misinformation. His proposals include taking the company private, selling blue verification checkmarks to users, and catering more to celebrities, which should be interpreted as one celebrity in particular (Donald Trump).

Fight Back Against The Billionaire Takeover Of News.

Donate To PoliticusUSA:

[wpedon id=”344887″ align=”center”]

Twitter is expected to reject Musk’s offer because it is much, much too low. Twitter’s share price was at $70 last year, and there is no data suggesting that it won’t reach or exceed that level again.

Elon Musk wants to buy Twitter to kill it.

Twitter is a place with news and information are shared quickly around the world. Twitter is also the top social media platform in terms of fighting disinformation.

The Musk bid is a threat to the kinds of open communication that democracy needs.

Elon Musk’s bid is a move toward billionaire authoritarianism.

Recent Posts

Trump Makes His Most Dangerous Demand Yet: ‘Release the Affidavit!’

The man who asked Merrick Garland how he could "reduce the heat" around the country…

1 hour ago

Trevor Noah Shatters Trump’s ‘Insane’ Excuses For Stealing Classified Docs

The Daily Show's Trevor Noah took apart each of Trump's four new excuses for his…

9 hours ago

Rachel Maddow Connects The Dots On Trump And Espionage

Rachel Maddow went back five and half years to discuss the early warning signs about…

11 hours ago

Moderate Republicans Are Putting the FBI in Gravest Danger

In a very real way, the most moderate Republicans are the ones that are most…

13 hours ago

Matt Gaetz And Jim Jordan Threaten Merrick Garland For Trump To Try To Get Name Of FBI Informant

Reps. Jim Jordan, Matt Gaetz, and 16 other House Republicans sent a threatening letter to…

14 hours ago

Trump Supporter In Pennsylvania Charged With Threats To Kill FBI Agents

Trump supporters are threatening law enforcement for Trump and being egged on to do it…

14 hours ago