Posted on 04/14/2022 8:30:53 AM PDT by JV3MRC
It was the stock buyout heard ‘round the world. Tesla owner Elon Musk’s offer to buy Twitter could save the whole concept of online free speech and alter politics and elections globally for years to come.
Musk’s move might be the biggest political event since the 2020 election. Media Research Center founder and President L. Brent Bozell tweeted about the offer, “Free at last. Free at last. Conservatives may be free at last!”
Leftists and the media were horrified that Musk might interfere with their ability to censor content, not just in the U.S., but worldwide. Twitter was consistently the absolute worst of the social media sites for restricting conservative content. MRC’s CensorTrack database tracked 1,954 examples of Twitter censorship, over half of the total 3,636 entries of Big Tech censorship logged.
(Excerpt) Read more at newsbusters.org ...
Not getting too excited yet. The board may decide that $54/share is way too low. Who knows, if someone else offers more, they may sell to them.
As someone else wrote on FR earlier this morning, is this a real effort or simply a way to back out? His letter is an all or nothing. I suspect his $43B will be %50B-plus before it is done and the exodus of woke, biased, and bigoted employees would likely also include sabotage.
Real politics involves cheating and fraud.
and all of a sudden Morning Joe wants section 230 reform LOL
What a shill!
Musk probably came up with the cash by checking under his couch cushions.
It will only be the biggest event IF he takes it over.
I don’t have any hope. I got booted from Twitter in 2015. They have been dead to me since and I will not go back.
The left are furiously preparing their accusations should he buy it, and should Trump or any conservsrive win. They will falsely accuse him of “influencing the elections”
If that were to happen, Congress will move to make what Elon Musk is doing illegal.
Might be ruled unconstitutional for them to do so, but they can delay him long enough to prevent him messing with their plans for the 2022 election.
I’ve never taken Twitter seriously at all. It’s just another of the many mechanisms though which people are dumbed-down to view complex issues in very simplistic terms.
But with so many thinking they get actual ‘news’ there, it’s nice that Musk is throwing a wrench into the works.
I’ll believe it when I see it.
...or pump and dump.
“Not getting too excited yet. The board may decide that $54/share is way too low. Who knows, if someone else offers more, they may sell to them.”
I’m just guessing, and I’m not an analyst, but I would think if the board rejects the offer, and Musk dumps his 9% stake, Twitter stock would take a beating. Not sure if it would recover over time, but I’d expect it to bleed short term.
We will find out soon what the Twit board does, but, given the company does not care about losing users by banning half of its potential users, it is easy to imagine they will also not take the offer. Making a return for shareholders seems to be of little interest. Twits highest priority seems to be censorship and supporting marxism.
If the turn down his $54/share, Musk sells his 9.2% and crashes the price.
“include sabotage.”
I’ve no doubt that their programmers are already working on multiple dead-man switches.
$54 being too low? It’s an 18% premium over yesterday close and the price was DOWN this morning after the announcement.
If Musk was out to prove how STUPID Twatters board is, I’d say MISSION ACCOMPLISHED and that by itself should destroy Twatter.
Yeah, no problem with Musk throwing a wrench into the works. Musk should break up Twitter and sell it off. I’m not sure if there is profit in doing that.
It will only be the biggest event IF he takes it over.
~~~
Do we even know that?
Is Musk on record as being for Trump, or being a conservative, or even just being for free speech?
How do we know he isn’t going to be hyper political but in ways you or I don’t agree with?
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