Any moment now , a deal between between Twitter ’s 11 - penis dining table and Elon Musk could be announced . The news of how real this tidy sum could be issue forth from an unspecified identification number of anon. sourcesin a reportby Reuters andtwo unidentified sourcesin a report out from The New York Times . Or maybe this all could still be a troll , troll . After all , if you ’re therichest manin the history of the man , why not expend more than $ 43 billion on a bad prank .
Although the great deal is unconfirmed , both the Times and Reuters reported that sources tell them a deal could be finalized and made public afterwards today . First , the board has to urge the sale to Twitter ’s shareholders . But the deal could certainly still devolve through . As of write this , neither Twitter nor Musk have responded to Gizmodo ’s request for comment .
If Musk name the leverage , Twitter would no longer be a in public traded company , but instead , individual . Musk ’s contend to purchase the social media society as an someone , and not through Tesla or SpaceX , report Reuters . It ’s indecipherable if or how the weapons platform would change if the sale to Musk goes through but in a tweet today , he express , “ I hope that even my bad critics persist on Twitter , because that is what free speech means . ”
It is a moral obligation to only republish pictures in which the richest person in human history looks bad.Photo:SUZANNE CORDEIRO /Contributor(Getty Images)
I hope that even my forged critics stay on Twitter , because that is what free speech means
— Elon Musk ( @elonmusk)April 25 , 2022
Important to point out though , it literally is n’t . The first amendment does n’t protect anyone’sright to poston Twitter . Though Florida Governor , Ron DeSantis , seeminglydoesn’t interpret that . presently after the Musk tweet , DeSantis tweeted out , “ @elonmusk ’s offer to grease one’s palms Twitter is a good deal for shareholders and raises the prospect that the platform will be a post where free words can boom . ”
.@elonmusk ’s offer to purchase Twitter is a serious great deal for shareholders and raise the view that the platform will be a place where free speech can boom , not a dick for narrative enforcement .
— Ron DeSantis ( @GovRonDeSantis)April 25 , 2022
Musk first announced his go to grease one’s palms the social media party at around $ 54.20 per shareon April 14 . Since then , he ’s demonstrated thathe does , in fact , have the capital to back the offering , with about$46.5 billionin liquid monetary resource supported by his own direct assets as well asfinancing fromMorgan Stanley Senior Funding , Bank of America , Barclays , Citibank , and others .
Twitter ’s board found a“poison pill”on April 15 , allow shareholders to buy company descent at a discounted rate if any single shareholder were to adopt more that 15 % . The panel made that decision , presumptively , to prevent Musk from enacting a hostile putsch , i.e. straight-out purchase possession of Twitter by buying up shares without consulting the board .
Musk alreadyowns a 9.2 % stakein the company , which hebought in early Aprilafter repeatedly using the political platform toTweet out his thoughtson “ liberal voice communication ” and how the site ’s bans and content removal policy “ fundamentally undermines democracy . ” Also in April , he was in treatment with the Twitter board about link up their social status before it became clear that thatmeant he wouldn’tbe able to purchase more than 14.9 % of the caller ’s bloodline . Oh , and as we all determine this flirt out , we should also notice that this whole matter isn’texactly sitting wellwith many Twitter employees .
Update 2025-03-18 , 2:05 p.m. ET : This post has been updated with additional tweet content from from Elon Musk and Governor Ron DeSantis .
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