He’s offering a price to buy it out way over what it is going for right now.
From an investment standpoint, what is Twitter really worth? They have no tangible assets, just a forum for people to chat about stuff.
Trump is having a tough time getting his platform up and running. Lots of bugs but it is making progress. For lots less money. Still in Beta, not ready for Prime-Time.
Or maybe Musk is just throwing a high offer out knowing that it will be rejected. Just monkeying with the fish. Lots of worms in the water knowing that they won’t bite. I suspect that that’s what he is doing.
Again, Twitter really doesn’t have much real value, plus Musk, if he took it over, would have to deal with all of those Libs who now work for it and would never work for him. Those Libs would leave programing time-bombs that would cause the platform to crash. They would never follow Musk’s directives. All new hires. The algorithms are already written to cancel out Conservative comments.
Can’t change the Libs mind-set nor get them to change the programing. So from a business standpoint, there is no way that Musk would really buy this thing. Sort of like buying some of those Chinese “Ghost” cities that were built, knowing that they were built with “Chinese” materials and labor. Pre-programed to crash.
People buy customers, not products. Musk wants the customer base.