After months of trying to back out, Elon Musk appears ready to buy Twitter for $44 billion.
One of Silicon Valley’s most dramatic legal battles came to an end on Monday night when Musk offered to take Twitter private at $54.20 per share.
He’ll have direct control over one of the world’s biggest megaphones & can use it however he wants – whether to turn it into a lawless free-for-all, revenge on his political enemies, promote his businesses, or whatever he wants.
Musk loves to seize the spotlight, so whatever he does with Twitter won’t be boring.
Here’s what the article states –
“Mr. Musk’s takeover could happen before next month’s midterm elections. And if it does, there could still be time for him to make decisions, like allowing Mr. Trump back on the platform or loosening restrictions on political ads, that could reshape the conversation about some races.
Buying Twitter is an accelerant to creating X, the everything app— Elon Musk (@elonmusk) October 4, 2022
But Mr. Musk — who, let’s not forget, runs several other companies — will have his hands full between now and November. And I don’t think that, with only a month left until the elections, there will be a straight line from Mr. Musk’s takeover to, say, a Republican sweep of close House and Senate races.”
Read the full story here.
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