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From dragging Bill Gates, to suggesting buying McDonald’s to fix the ice-cream machines… and even purchasing Coca-Cola to put the ‘coke” back in it… Elon Musk’s tweets are keeping us all entertained!

 

Global (28 April 2022) – Yes, Elon Musk bought Twitter… but it’s his hilarious tweets that are keeping us entertained!

Musk is an entrepreneur, investor and business magnate. With an estimated net worth of around US$252 billion as of April 2022, Musk is the wealthiest person in the world according to both the Bloomberg Billionaires Index and the Forbes real-time billionaires list. He is the founder, CEO and chief engineer at SpaceX; angel investor, CEO and Product Architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink and OpenAI… and now owner of Twitter!

On April 13, Musk made a $43 billion offer to buy Twitter, launching a takeover bid to buy 100% of Twitter’s stock at $54.20 per share.

In a letter to Twitter’s board, he indicated his desire to take the company private: “[Twitter] will neither thrive nor serve [its free speech] societal imperative in its current form. Twitter needs to be transformed as a private company.”

In response, Twitter’s board adopted a shareholder rights plan to make it significantly more expensive for any single investor to own more than 15% of the company without the approval of the board. In a TED interview, Musk showed little interest in fighting internet censorship around the world, saying that “Twitter should match the laws of the country”. Instead, Musk’s concern about free speech has been directed almost entirely at Twitter’s moderation policies.

On April 20, Musk secured funding worth $46.5 billion. The funding included $12.5 billion in loans against Musk’s stock in Tesla, and $21 billion in equity financing, such as from selling Tesla shares. On April 25, it was reported that Twitter was prepared to accept Musk’s offer. Later that same day, Elon Musk successfully concluded his bid to buy Twitter and bring the company private for approximately $44 billion.

In a statement, Musk said: “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated, I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential—I look forward to working with the company and the community of users to unlock it.”

And even though the buyout has created a stir online, it’s his tweets that are keeping us entertained.

And what is his plan for taking over Twitter?


Sources: Elon Musk | Twitter 
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Brent Lindeque is the founder and editor in charge at Good Things Guy.

Recognised as one of the Mail and Guardian’s Top 200 Young South African’s as well as a Primedia LeadSA Hero, Brent is a change maker, thought leader, radio host, foodie, vlogger, writer and all round good guy.

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