Musk offers to buy 100% of Twitter in $41 billion proposal

[livingston]

Musk offers to buy 100% of Twitter in $41 billion proposal​

Elon Musk has made an offer to buy 100% of Twitter shares and take the company private.

In a letter to Bret Taylor, chairman of the board of Twitter, Musk offered to purchase the social media company at $54.20 per share in cash. The letter was delivered to Taylor on Wednesday and revealed by the Securities and Exchange Commission on Thursday. Should his $41 billion cash offer be rejected, Musk said he would "need to reconsider my position as a shareholder."

Musk offers to buy 100% of Twitter in $41 billion proposal

Elon Musk has made an offer to buy 100% of Twitter shares and take the company private.

www.washingtonexaminer.com

 

[DoOver]

Twatters dead to me

 

[Podmonkey]

Well that escalated quickly. With any luck this news will drive droves of leftists to suicide.

 

[kev74]

So.... Elon wants to make Twitter a successful, African American owned company? There's no way the left can object!

 

[DoOver]

So.... Elon wants to make Twitter a successful, African American owned company? There's no way the left can object!

I can't breathe behind a massive giggle phitt, again!

 

[livingston]

So.... Elon wants to make Twitter a successful, African American owned company? There's no way the left can object!

Musk is an African-American. So is Charlize Theron. But neither one is black. The PC term “African American” is simply an idiotic choice of words given that it is typically used to refer to a race, but instead refers to a polyethnic continent (Africa) and country/region (American)

Why is Elon Musk not considered an African-American?

Answer (1 of 26): For ordinary use, because he’s not black. Nobody would hesitate to call Trevor Noah African American. If you want to get a bit fancier about useful group definitions for an academic study, African American really ought to refer to the people who are descendants of slaves brough...

www.quora.com

 

[kev74]

Musk is an African-American. So is Charlize Theron. But neither one is black. The PC term “African American” is simply an idiotic choice of words given that it is typically used to refer to a race, but instead refers to a polyethnic continent (Africa) and country/region (American)

Why is Elon Musk not considered an African-American?

Answer (1 of 26): For ordinary use, because he’s not black. Nobody would hesitate to call Trevor Noah African American. If you want to get a bit fancier about useful group definitions for an academic study, African American really ought to refer to the people who are descendants of slaves brough...

www.quora.com

I enjoy using the commie dem's own rhetoric against them.

 

[Defilade]

 

[CaseHardened]

First of all, the US Government has confirmed the existence of UFO's.

So I am only half-kidding when I state that Elon Musk is a very likely candidate to be one.

And there may be no coincidence that he named his Car Corporation TESLA - another obvious choice for an Alien.

 

[Bustedknees]

I'd think you could make your own social media site with that kind of money.

 

[CaseHardened]

I enjoy using the commie dem's own rhetoric against them.

It is actually racism to assume everyone in Africa is "Black".

Geneticists have maps of DNA from people around the world.

The greatest diversity of DNA was found to be among people living in Africa.

When you consider both Pygmies and Kenyans originate there, that should not be surprising.

Africans are at the extremes of DNA Diversity, with everyone else fitting in somewhere in the middle.

 

[togmaster]

I'd think you could make your own social media site with that kind of money.

That's his intention with the offer.

 

[SomeSoldier]

I'd think you could make your own social media site with that kind of money.

The problem would be building the base (customers), so why not just buy one?

 

[DoOver]

 

[DoOver]

 

[Podmonkey]

View attachment 154659

It's just just Elon dumping his shares the board has to worry about. Musk is offering 30% more than tge the current valuation of the company. If they refuse his offer the other big investors will lose their minds and some of them will dump their shares as well. Twitter has been put over a barrel. They are likely best served by accepting the offer. Then we can feast on liberal tears.
I doubt anything would even change much, that's the funniest part.

 

[DoOver]

 

[DoOver]

 

[DoOver]

 

[DoOver]

 

[spat]

I'd think you could make your own social media site with that kind of money.

No, you couldn't make your own Twitter, not with 100 times that money.

It's called the network effect. The power/value of a network is in the number of nodes (or in this case subscribers)

The infrastructure is a piece of cake. You could build a copy of the twitter infrastructure for $1M.

What you can't build, not for $10T is the customer base. That is the key, everything else is cheap and easy.

 

[DoOver]

Musk is an African-American. So is Charlize Theron. But neither one is black. The PC term “African American” is simply an idiotic choice of words given that it is typically used to refer to a race, but instead refers to a polyethnic continent (Africa) and country/region (American)

Why is Elon Musk not considered an African-American?

Answer (1 of 26): For ordinary use, because he’s not black. Nobody would hesitate to call Trevor Noah African American. If you want to get a bit fancier about useful group definitions for an academic study, African American really ought to refer to the people who are descendants of slaves brough...

www.quora.com

 

[DoOver]

 

[DoOver]

 

[DoOver]

 

[DoOver]

 

[That_FNG]

Well if Elon Musk buys Twitter he will be the first African American to own a major social media platform. What a great day it would be for diversity, to have another glass ceiling shattered!

On a side note, democrats haven’t been this angry about an African American owning property since the 60’a.

 

[DoOver]

 

[DoOver]

 

[DoOver]