Twitter has just announced that it’s entered into a $44 billion deal with free speech champion and the world’s richest man, Elon Musk. Twitter shareholders will receive $54.20 per share, and when the deal is complete, the highly-censored platform whose top executives cried when Trump won in 2016 will become a privately held company.
The news comes after several weeks of back-and-forth between Musk and the Twitter board in which board members attempted to prevent him from taking over what many consider to be the most important tool for silencing conservatives in the world.
A report published by Reuters today shows Twitter employees are overwhelmingly Democrats per their giving records.
Twitter employees are overwhelmingly Democrats, per political giving records and its fmr CEO Jack Dorsey.
Their protests about this pending deal aren’t anything but fear of losing a political weapon to shape truth and silence conservative voices. pic.twitter.com/ZbAQ6nvWLG
— BDW (@BryanDeanWright) April 25, 2022
Liberals on Twitter are absolutely freaking out over the prospect of Elon Musk welcoming President Trump back to his platform. The significance of free speech has been lost on liberals who’ve watched America’s top conservatives, including a sitting US President be banned for speech that is in opposition to the Democrat Party’s narrative.
According to a breaking news report, President Trump has just announced that if invited back, he will not return to Twitter:
FOX NEWS: President Trump will not return to Twitter, even as Elon Musk purchases the social media company and reinstates his account, instead using his own TRUTH Social as the sole platform for his voice.
— Election Wizard 🇺🇸 (@ElectionWiz) April 25, 2022
Last week, Twitter’s board expressed little interest in Elon Musk’s proposal to buy the company and take it private and adopted a ‘poison pill’ as a stop measure to head him off. Meanwhile, Musk was busy allegedly hatching a separate plot where his offer would be sent directly to shareholders.
Musk teased the proposal in a Tweet where he borrowed lyrics from an Elvis song, saying ‘Love Me Tender.’
🎶 Love Me Tender 🎶
— Elon Musk (@elonmusk) April 16, 2022
Musk has sent Twitter into turmoil as its stock has risen and fallen in recent weeks. Twitter’s stock surged after musk bought a 9.2% share of the company, going up 27%. Twitter’s stock fell after Musk offered to buy Twitter for $54.20 a share.
Musk has discussed making Twitter a more free-speech-friendly platform if he acquires the company, along with other proposed changes like an edit button.
Another change that Musk proposed recently was to reduce Twitter board members’ salaries to $0.
The announcement follows a tumultuous few weeks between Musk and Twitter’s board, during which Musk became the company’s largest shareholder, rebuffed the board’s efforts to recruit him as a member, and launched a hostile takeover bid of the social media company.
Today’s announcement means Musk will add Twitter to the impressive list of companies he owns, including Tesla and SpaceX.