BREAKING: Elon Musk Makes Offer to Buy Twitter

I think it’s safe to say we all know that Elon Musk recently purchased the largest share of Twitter stock and joined the Board of Directors. Old news? Old news.

Now for the NEW news (or, as people generally call it, news): Musk has gone balls to the wall and made an offer to outright buy Twitter for $43 billion.

I made an offer https://t.co/VvreuPMeLu

— Elon Musk (@elonmusk) April 14, 2022

In his unsolicited bid, Musk addressed Chairman of the Board Bret Taylor,

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.

I’m not sure how or why Musk landed on Twitter as his personal social media passion project, but I’m not mad about it. His Twitter game has always been strong, and I hope the powers that be take his offer. Really, it’s not like Twitter has been a particular giant in the social media sphere since shortly after various writing styles added tweet citations to their manuals; the shareholders have very little to lose and approximately $43 billion to gain. I’m not saying I’d do anything for $43 billion, but there’s not a lot I wouldn’t do.

YUP there was an Office reference there. (Pro tip: There always is.)

We’ll keep you posted on how Twitter responds; in the meantime, ALL HAIL THE MUSK.