Elon Musk makes offer to buy Twitter - page 5.

Findingnemo

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Quote from: Sithara007 on April 25, 2022, 09:07:09 PM

It's done!!!

Elon Musk strikes deal to buy Twitter for $44bn

https://www.bbc.com/news/business-61222470

Quote

The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had "tremendous potential" that he would unlock. He also called for a series of changes from relaxing its content restrictions to eradicating fake accounts. The firm initially rebuffed Mr Musk's bid, but it will now ask shareholders to vote to approve the deal.

From the beginning itself, I knew that the Twitter board will not be able to turn down the offer from Musk. The share price went up by more than 30% ever since Musk made the bid. But even at this point, it is below the level which Musk has agreed upon. Personally I am glad that my posts won't be censored anymore. Left-wing lunatics had an absolute control of Twitter over the years, censoring anyone whom they don't agree with. My own Twitter account went with multiple rounds of bans and warnings.

So Elon Musk is the freedom fighter of internet and he spend 44 Billion dollars to bring freedom of speech? He has own reasons to invest such a huge amount and personally I beleive from now on we can see too much of tweets from him regarding investments which will confuse and collapse lot of investments and he really trying to be the biggest manipulator of this planet.

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Quote from: FlamingFingers on April 26, 2022, 06:47:44 AM

Quote from: Sithara007 on April 25, 2022, 09:07:09 PM

It's done!!!

Elon Musk strikes deal to buy Twitter for $44bn

https://www.bbc.com/news/business-61222470

Quote

The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had "tremendous potential" that he would unlock. He also called for a series of changes from relaxing its content restrictions to eradicating fake accounts. The firm initially rebuffed Mr Musk's bid, but it will now ask shareholders to vote to approve the deal.

From the beginning itself, I knew that the Twitter board will not be able to turn down the offer from Musk. The share price went up by more than 30% ever since Musk made the bid. But even at this point, it is below the level which Musk has agreed upon. Personally I am glad that my posts won't be censored anymore. Left-wing lunatics had an absolute control of Twitter over the years, censoring anyone whom they don't agree with. My own Twitter account went with multiple rounds of bans and warnings.

Wow, could not believe it until I saw the news, the money is so huge to reject such offer, $44billion Damn! Nice move, great investment Musk all the way. Twitter is important for free speech and Elon Musk’s buying it is a win for this critical right. Most billionaires buy yachts and farmland or whatever. elonmusk puts his money toward helping humanity and it is greatly appreciated. Excited for the positive changes Now the true potentials of Twitter will be unleashed.

Yes, I agree with you too. Elon Musk assessment is 100 percent right. Keep up the good work. Elon Musk's used to do unique and become breaking news. He is a powerful person and intelligent person and personally I'm admire his decision. It took him $44 billion to free speech. Let's see how much free speech he will allow. It's all rely on him if his mindset is good then the stage can turn out to be awesome or nice platform.

AicecreaME

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Quote from: Oshosondy on April 15, 2022, 04:15:48 AM

Like two days ago, Elon Musk in an interview says Twitter ads be better to be paid in bitcoin. Elon Musk has 82.4 million shares of Twitter which is 10.3% of Twitter. Recently he wants more of Twitter and wants to buy Twitter.

Quote from: https://www.bbc.com/news/business-61104231

Tesla boss Elon Musk has offered to buy Twitter, saying he is the right person to "unlock" the social media platform's "extraordinary potential".

In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter, valuing it at about $40bn. It recently emerged that Mr Musk was Twitter's biggest shareholder after he built up a large stake in the firm. He said that if his offer was not accepted: "I would need to reconsider my position as a shareholder".

We all know how deceitful Elon Musk can be, all he cares about is doge coin, not bitcoin, even doge coin rose when he bought shares on Twitter, he is only looking for ways to make doge popular and this can be effective if he owns Twitter. I believe he will fail because Twitter is never like Facebook and will never be like Facebook. His aim will only be towards making doge the dominant coin Twitter will be accepting just as he did with Tesla after his bitcoin criticism which he was wrong about but just wanted to fool people.

Recently, I've read in an article that indeed, Elon Musk is planning to buy twitter for worth 44 billion dollars. I bet this is all because he wants to promote cryptocurrency, particularly dogecoin in that platform. Being a billionaire that he is, he can spend any amount on almost anything that he wants. If he would want to, he can even make another platform. But I bet he won't do that because his goal is to influence those existing twitter users about crypto.

Perhaps he's thinking that he could somehow manipulate the decision and influence people to patronize specific coins to his own benefit. Whatever his reasons are, we are yet to know once these all fall into place. I believe Twitter is thinking so much about Elon's offer because it's really high. Hopefully, the freedom of speech will be maintained on the same level despite the possible turn over of it to Musk.

FlamingFingers

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Quote from: Sithara007 on April 25, 2022, 09:07:09 PM

It's done!!!

Elon Musk strikes deal to buy Twitter for $44bn

https://www.bbc.com/news/business-61222470

Quote

The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had "tremendous potential" that he would unlock. He also called for a series of changes from relaxing its content restrictions to eradicating fake accounts. The firm initially rebuffed Mr Musk's bid, but it will now ask shareholders to vote to approve the deal.

From the beginning itself, I knew that the Twitter board will not be able to turn down the offer from Musk. The share price went up by more than 30% ever since Musk made the bid. But even at this point, it is below the level which Musk has agreed upon. Personally I am glad that my posts won't be censored anymore. Left-wing lunatics had an absolute control of Twitter over the years, censoring anyone whom they don't agree with. My own Twitter account went with multiple rounds of bans and warnings.

Wow, could not believe it until I saw the news, the money is so huge to reject such offer, $44billion Damn! Nice move, great investment Musk all the way. Twitter is important for free speech and Elon Musk’s buying it is a win for this critical right. Most billionaires buy yachts and farmland or whatever. elonmusk puts his money toward helping humanity and it is greatly appreciated. Excited for the positive changes Now the true potentials of Twitter will be unleashed.

bakasabo

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Quote from: sayaya17 on April 25, 2022, 11:47:54 PM

Everything has a price, it seems the board of Twitter can't resist Elon Musk's offer that is so high. Hopefully Elon Musk keeps his promise that
after buying Twitter he will give freedom of speech to all users. So all of us as Twitter users are not afraid of getting banned and warned
if we express sensitive opinions that many people don't like. Because I was already annoyed using Facebook which began to limit my opinion
on certain things. Another positive thing is that Elon Musk will use Twitter to promote cryptocurrency, so I expect more and more people to join
the crypto industry. In order to make the price of Bitcoin go up again, because I believe buying Twitter has something to do with cryptocurrencies too.
I'm quite curious to see the big changes Twitter when Elon Musk is officially the owner of Twitter, because we know Elon Musk's style is usually
quite aggressive in making changes.

I am both Facebook and Twitter user, but Facebook never limited me in sharing my opinion (I got only banned bad group admins, but that is different case) How did it limit you?

Why do you think Elon Musk has bough Twitter to promote cryptocurrency? As far as I know, he does not own much crypto (compared to his fiat wealth and wealth of other billionaires). I think he will be more focused on promoting his Tesla, SpaceX and Neurolink.

sayaya17

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Quote from: Sithara007 on April 25, 2022, 09:07:09 PM

It's done!!!

Elon Musk strikes deal to buy Twitter for $44bn

https://www.bbc.com/news/business-61222470

Quote

The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had "tremendous potential" that he would unlock. He also called for a series of changes from relaxing its content restrictions to eradicating fake accounts. The firm initially rebuffed Mr Musk's bid, but it will now ask shareholders to vote to approve the deal.

From the beginning itself, I knew that the Twitter board will not be able to turn down the offer from Musk. The share price went up by more than 30% ever since Musk made the bid. But even at this point, it is below the level which Musk has agreed upon. Personally I am glad that my posts won't be censored anymore. Left-wing lunatics had an absolute control of Twitter over the years, censoring anyone whom they don't agree with. My own Twitter account went with multiple rounds of bans and warnings.

Everything has a price, it seems the board of Twitter can't resist Elon Musk's offer that is so high. Hopefully Elon Musk keeps his promise that
after buying Twitter he will give freedom of speech to all users. So all of us as Twitter users are not afraid of getting banned and warned
if we express sensitive opinions that many people don't like. Because I was already annoyed using Facebook which began to limit my opinion
on certain things. Another positive thing is that Elon Musk will use Twitter to promote cryptocurrency, so I expect more and more people to join
the crypto industry. In order to make the price of Bitcoin go up again, because I believe buying Twitter has something to do with cryptocurrencies too.
I'm quite curious to see the big changes Twitter when Elon Musk is officially the owner of Twitter, because we know Elon Musk's style is usually
quite aggressive in making changes.

Bttzed03

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Quote from: Sithara007 on April 25, 2022, 09:07:09 PM

~ Personally I am glad that my posts won't be censored anymore.

This is also what I'm hoping for. Some groups (human rights and left-wings) are already afraid of the hate speech or disinformation that would happen in the platform after the takeover but they just have to suck it up or leave and stick to facebook where they could still control the narrative.

Some people I know are already planning to move to twitter when they found out about this news. They probably got tired of the continuous ban/restrictions in facebook.

Did this acquisition also caused the rebound in BTC and DOGE price? It appears so.

Sithara007

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It's done!!!

Elon Musk strikes deal to buy Twitter for $44bn

https://www.bbc.com/news/business-61222470

Quote

The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had "tremendous potential" that he would unlock. He also called for a series of changes from relaxing its content restrictions to eradicating fake accounts. The firm initially rebuffed Mr Musk's bid, but it will now ask shareholders to vote to approve the deal.

From the beginning itself, I knew that the Twitter board will not be able to turn down the offer from Musk. The share price went up by more than 30% ever since Musk made the bid. But even at this point, it is below the level which Musk has agreed upon. Personally I am glad that my posts won't be censored anymore. Left-wing lunatics had an absolute control of Twitter over the years, censoring anyone whom they don't agree with. My own Twitter account went with multiple rounds of bans and warnings.

onecall123

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Quote from: Vaskiy on April 25, 2022, 02:43:22 AM

According to the news source Twitter could ink a deal to sell itself to Elon Musk this week: WSJ it looks like there is more chances of Elon Musk's offer for Twitter gets passed.

Sunday the board directors of Twitter had a meeting with Elon Musk to discuss on the deal. There is good progress in the deal, same time there is chances of hash out. Twitter is to report the first quarter earnings, and based on the same will be the deal planned. Let's wait for the week to see the outcome.

A number of reports indicate that this deal has made significant progress. Elon Musk's bid to buy Twitter for $43 billion is being seriously considered by Twitter's board of directors, which could end with a deal this week. While the Twitter board initially rejected Elon Musk's offer to buy it, the company cannot continue to reject Musk's proposal. This is a positive move for Twitter. Cancellation culture will disappear and Twitter will become more inclusive. I hope it happens.

Vaskiy

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According to the news source Twitter could ink a deal to sell itself to Elon Musk this week: WSJ it looks like there is more chances of Elon Musk's offer for Twitter gets passed.

Sunday the board directors of Twitter had a meeting with Elon Musk to discuss on the deal. There is good progress in the deal, same time there is chances of hash out. Twitter is to report the first quarter earnings, and based on the same will be the deal planned. Let's wait for the week to see the outcome.

jaberwock

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Quote from: eaLiTy on April 24, 2022, 04:35:29 AM

Quote from: Wong Gendheng on April 22, 2022, 11:56:25 PM

It's the right thing if Elon Musk bought Twitter, as we know that Elon Musk has a creative and professional team that can make Twitter the #1 social media outperforming Facebook, and of course there will be unique ideas related to cryptocurrencies on Twitter.

Elon Musk is the CEO of Tesla who is a electric manufacturer and then he owns SpaceX which is an aerospace manufacturer and launches rockets and where does the social media professional team fits in this aspect. I really do not care if Elon Musk purchase Twitter or not but if he purchases i do not want him to censor contents like they are doing right now. It should be free of censorship and if he can achieve that it would be great.

I think that's what he means. Elon musk has some successful business so maybe he can make twitter successful too? although twitter is already successful but @eaLiTy was right, it was only ranked as second next to facebook. Elon musk and his team might not be into social media's but with the money elon have, he can always hire the right people to do the job.

You do care actually if Elon purchase twitter or not because you don't like how twitter works. You want someone like Elon, to change it for good. I think that's also what Elon wants on why he is trying to buy twitter and other than that, he might push more crypto content on the platform which is also a good thing.

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Quote from: sana54210 on April 24, 2022, 12:48:16 PM

Quote from: Sithara007 on April 23, 2022, 10:07:32 PM

I was unaware that he had a plan B. And the Twitter board can't bring down the threshold from 14.9%, because if they do so then it will impact some of the existing shareholders. Even now, with the poison pill and all they are walking on a thin line as far as legality is concerned. Any additional dramatics will result in years of litigations and billions of USD in penalty for Twitter. BTW, I am keeping a close watch on the Twitter share price as well. The shares have gone up by 26% during the last 30 days.

I am not entirely sure if it would take him too long to take more than 6% to cover the difference neither. He already owns like 9% give or take if I am not wrong, and this requires him to reach to 15% and that's not really that hard for him to do. I do not know what happens after that, I do not know if he would have to wait until 2023 or not.

But, I know that this is really not a bad situation for him. Worst case scenario he owns a bit more of twitter, which he can, and then buys it eventually without really having to fight the board neither. I still don't get why he wants it, no idea at all, but if he wants to, they can't stop him at all.

He might be seeing profitable venture if he will have the majority shares or to the point f owning twitter, Musk is a businessman he knows how things will benefits him, maybe not with the share in particular but with the network that he will be getting from this social media platform, let see if how things will turn and how he will manage to pursue his goal.

The chance is not far for this person to gain the majority, he really showing his deep intentions to get what he wants.

sana54210

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Quote from: Sithara007 on April 23, 2022, 10:07:32 PM

I was unaware that he had a plan B. And the Twitter board can't bring down the threshold from 14.9%, because if they do so then it will impact some of the existing shareholders. Even now, with the poison pill and all they are walking on a thin line as far as legality is concerned. Any additional dramatics will result in years of litigations and billions of USD in penalty for Twitter. BTW, I am keeping a close watch on the Twitter share price as well. The shares have gone up by 26% during the last 30 days.

I am not entirely sure if it would take him too long to take more than 6% to cover the difference neither. He already owns like 9% give or take if I am not wrong, and this requires him to reach to 15% and that's not really that hard for him to do. I do not know what happens after that, I do not know if he would have to wait until 2023 or not.

But, I know that this is really not a bad situation for him. Worst case scenario he owns a bit more of twitter, which he can, and then buys it eventually without really having to fight the board neither. I still don't get why he wants it, no idea at all, but if he wants to, they can't stop him at all.

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Quote from: Wong Gendheng on April 22, 2022, 11:56:25 PM

It's the right thing if Elon Musk bought Twitter, as we know that Elon Musk has a creative and professional team that can make Twitter the #1 social media outperforming Facebook, and of course there will be unique ideas related to cryptocurrencies on Twitter.

I don't know what might happen after buying Twitter. But I think there are several predictions. Assuming that Elon Musk buys Twitter, he will be able to impose his own censorship on incoming information or remove censorship completely. And who knows what truth we will learn after this? What will happen if the information will reach in full? I don't think it's good for some.

eaLiTy

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Quote from: Wong Gendheng on April 22, 2022, 11:56:25 PM

It's the right thing if Elon Musk bought Twitter, as we know that Elon Musk has a creative and professional team that can make Twitter the #1 social media outperforming Facebook, and of course there will be unique ideas related to cryptocurrencies on Twitter.

Elon Musk is the CEO of Tesla who is a electric manufacturer and then he owns SpaceX which is an aerospace manufacturer and launches rockets and where does the social media professional team fits in this aspect. I really do not care if Elon Musk purchase Twitter or not but if he purchases i do not want him to censor contents like they are doing right now. It should be free of censorship and if he can achieve that it would be great.

kesmex

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Quote from: bakasabo on April 24, 2022, 01:03:12 AM

This case looks similar to situation, when Elon Musk showed huge interest to Bitcoin, connected Bitcoin with Tesla and triggered cryptocurrency market growth. Now he does the same with Twitter. Twitter stock prices went up, expect some innovations in Tesla cars and boom in stock market. Expect stock memes to appear next half a year.

It can be concluded that Elon Musk really made a huge impact and it can be seen from both the growth of the crypto market and the rising share price of twitter,
actually if Elon Musk really bought twitter I think he would do something or something new,
what is clear we never know what the real goal is

bakasabo

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This case looks similar to situation, when Elon Musk showed huge interest to Bitcoin, connected Bitcoin with Tesla and triggered cryptocurrency market growth. Now he does the same with Twitter. Twitter stock prices went up, expect some innovations in Tesla cars and boom in stock market. Expect stock memes to appear next half a year.

Sithara007

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Quote from: Gyfts on April 22, 2022, 11:15:13 PM

Quote from: Sithara007 on April 22, 2022, 09:10:45 PM

Elon hasn't reacted after the poison pill proposal from the Twitter Board. Given how intelligent he is, I am sure he will come up with a perfect counter-strategy. BTW, Twitter share price has gone up by almost 30% in the last 4 weeks. But even then, the market cap of the company is far below what Elon offered. In his last official statement, Elon said that he has accumulated around $46.5 in debt and equity financing, for the purpose of Twitter takeover. This is higher than the offer of $43 billion that he made two weeks ago.

He has responded to the poison pill approach. He's at around 10 percent equity and is not able to have more than 15 percent without Twitter flooding the shares. He can just get a few business partners that would get 14.9 of the company and easily have a group of 4 private investors that would have majority control of the company. IIRC he insinuated an approach like this as a plan B. His reluctance to join the Twitter board tells you he wants to buy the entire thing, not just be the largest shareholder.

Oh.. thanks for this information. I was unaware that he had a plan B. And the Twitter board can't bring down the threshold from 14.9%, because if they do so then it will impact some of the existing shareholders. Even now, with the poison pill and all they are walking on a thin line as far as legality is concerned. Any additional dramatics will result in years of litigations and billions of USD in penalty for Twitter. BTW, I am keeping a close watch on the Twitter share price as well. The shares have gone up by 26% during the last 30 days.

verita1

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Elon Musk wants to buy the company Twitter and the board of directors refuses. Everyone wonders why Elon Musk wants to buy Twitter?
Elon Musk has not yet explained the changes he wants to implement in the company.
He has stated that the network is an excellent vehicle for freedom of expression. He has also said that before the investment he wanted to create a social network. Now that he has invested in Twitter he has realized that as it is the network will not prosper that Twitter needs to move to a private company.
I don't know if this is what Musk really wants, but he has raised a powder keg with his intention of being the owner of Twitter.
Rather, I think that he has a desire for power as a natural thing for millionaire people. I hope that Twitter has a good future for those of us who make life in this powerful social network.

Topic: Elon Musk makes offer to buy Twitter - page 5. (Read 1339 times)