The world’s richest is officially launching his bid for a hostile takeover of one of the most censorship-obsessed Big Tech platforms in the country!
Bloomberg News reported that Tesla CEO Elon Musk is “saying the company has extraordinary potential and he will unlock it.” The value of the offer, according to Bloomberg, amounts to a whopping $43 billion. Musk announced the move in a filing with the U.S. Securities and Exchange Commission. Musk tweeted April 14, “I made an offer.”
This follows Musk’s cryptic rejecting of a seat on Twitter’s board of directors after his purchase of a massive 9.2 percent stake in the platform. CNBC reported recently that “[i]f Musk had joined the board, he would not be able to acquire more than 14.9% of the company’s shares.” He apparently wasn’t satisfied with the shareholder cap and is now looking to buy up the outstanding stock to control the entire platform.
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Good for us!