Elon must have a reason for this, he needs an audience to his mind. I am not sure why he wants Twitter so bad he is a visionary for sure. He does things his own way.
Once the deal is completed, Twitter will become a privately held company. Elon wants to make real robots for everything including certain types of jobs.
- “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spambots, and authenticating all humans.”
- Bret Taylor, Twitter’s independent board chair, said, “The Twitter Board conducted a thoughtful and comprehensive process to assess Elon’s proposal with a deliberate focus on value, certainty, and financing. The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders.”
- In early April, Musk revealed he’d taken a 9.2% stake in Twitter for $2.89 billion. He also criticized the social media platform in a series of tweets, saying that “failing to adhere to free speech principles fundamentally undermines democracy.”
- Musk said in an April 13 regulatory filing that he intended to take the social media company private and that he “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.”
- Twitter shares rose about 5.5% to $51.63 on Monday before trading was halted in the afternoon pending news. The $54.20 per share offer represents a premium of about 38% to Twitter’s close on April 1, 2022, the last trading day before Mr. Musk disclosed his stake in Twitter.
- Meanwhile the price of dogecoin (DOGE) surged more than 20% since reports of a deal being likely surfaced on Monday morning. Some investors speculate that Musk’s fondness for DOGE means it might play a bigger role in Twitter payments if he were to own the company.
EXCLUSIVE: Former President Trump will not return to Twitter, even as Elon Musk purchases the social media company and reinstates his account, instead of using his own TRUTH Social as the sole platform for his voice.
Twitter, on Monday afternoon, announced it agreed to be acquired by Musk for $44 billion.
The former president told Fox News Monday that he will formally join his own TRUTH Social over the next seven days, as planned.
In this unedited conversation with the head of TED Chris Anderson, Elon Musk — the head of Tesla, SpaceX, Neuralink, and The Boring Company — digs into the recent news around his bid to purchase Twitter and gets honest about the biggest regret of his career, how his brain works, the future he envisions for the world and a lot more. (Recorded at TED2022 on April 14, 2022) This live interview includes an excerpt from another exclusive, extended conversation recorded a few days earlier at Tesla’s Texas Gigafactory. Watch that full video here:
https://youtu.be/YRvf00NooN8 1:22 Tesla Texas Gigafactory interview clip
11:34 Elon Musk live at TED2022
11:48 Twitter, free speech, and open-sourcing the algorithm
27:40 Tesla and short-sellers 32:02 If you could go back in time and change one thing, what would it be? 33:44 Electric vehicles, manufacturing, and sleeping on the floor of the Tesla factory 38:04 “At this point, I think I know more about manufacturing than anyone currently alive on Earth.
39:15 Elon’s “Master Plan” and accelerating a sustainable energy economy
42:36 SNL, Asperger’s, childhood, and how Elon’s brain works
46:48 “I was absolutely obsessed with the truth.”
49:23 Philosophy, the meaning of life, and the “why” of things
51:43 What the future will look like
52:37 “We want to do our absolute best to make sure the future is … something you can look forward to and not feel sad about.” If you love watching TED Talks like this one, become a TED Member to support our mission of
