Elon Musk makes offer to buy Twitter

[onecall123]

Hello
Great topic, I also heard a lot about this information. Mask has already bought Twitter?

Yeap, its official.
https://www.gsmarena.com/its_official_elon_musk_just_bought_twitter_for_44_billion-news-54074.php

Dont know on what would be his plans but as reading out this is talking about
wanting Twitter to adhere more closely to the principles of free speech,
Snipped on here.

Elon is a businessman, and the reason why he purchased Twitter is to make even more profit out of it. If you compare Twitter with other social media platforms such as Facebook, you can notice that the market cap and net profits are only a tiny fraction of what is expected. Hopefully Elon will be able to monetize various avenues in Twitter and generate more profit. And who knows, he maybe able to expand the user base and make the platform even larger than it's competitors. And more importantly, he will be able to make Twitter a politically neutral platform.

It'll be interesting to see what happens. One of the world's most influential platforms is run by the world's richest man. How should he proceed? Despite the lies spewed about them, billionaires only care about making more money. To think he would make so much money is hard to believe. I believe he has a plan as a businessman. There had been a report that he is planning on charging Twitter account holders. Let's see what Elon comes up with. Change is needed! However, there is also the opposite opinion. There will be a MASS exodus, and this will turn out to be a disastrous investment for him.

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[ChiBitCTy]

Either he buys it or destroys it, I am totally supporting Elon on this. Twitter was turned into a sjw/libtard propaganda machine which needs to be stopped. I think Elon sees it too and that's why he is acting. He feels like he needs to do something about it. Even if he can't do neither of those (destroying or buying twitter), I am still grateful because at least he tried. If the richest man in the world can't fix twitter, then nobody can.

I mean that place has been a complete war zone for years, politically wise there’s plenty from the left and right. I’m not sure I agreed either with banning some people like Trump, despite despising him. I’m just not sure Elons intentions are pure is all. I guess time shall tell.

[Kimonoe]

Hello
Great topic, I also heard a lot about this information. Mask has already bought Twitter?

Yeap, its official.
https://www.gsmarena.com/its_official_elon_musk_just_bought_twitter_for_44_billion-news-54074.php

Dont know on what would be his plans but as reading out this is talking about
wanting Twitter to adhere more closely to the principles of free speech,
Snipped on here.

Elon is a businessman, and the reason why he purchased Twitter is to make even more profit out of it. If you compare Twitter with other social media platforms such as Facebook, you can notice that the market cap and net profits are only a tiny fraction of what is expected. Hopefully Elon will be able to monetize various avenues in Twitter and generate more profit. And who knows, he maybe able to expand the user base and make the platform even larger than it's competitors. And more importantly, he will be able to make Twitter a politically neutral platform.

It'll be interesting to see what happens. One of the world's most influential platforms is run by the world's richest man. How should he proceed? Despite the lies spewed about them, billionaires only care about making more money. To think he would make so much money is hard to believe. I believe he has a plan as a businessman. There had been a report that he is planning on charging Twitter account holders. Let's see what Elon comes up with. Change is needed! However, there is also the opposite opinion. There will be a MASS exodus, and this will turn out to be a disastrous investment for him.

I don't know what Elon's next plan is by buying Twitter, he even bought it with cash, for 630 trillion, not a small amount of money for a platform, of course he saw the benefits after that. what he will do may be as hard to predict as he dives into a meme coin, doge. and then out of the market with a lot of profit. I think this time surely there will be a big plan from him

[Pamadar]

Was a nice move by Elon Musk to buy Twitter. Paying 44bn USD for it isn't even 20% of his networth and since he likes to hold a lot of his money in liquid assets it shouldn't hurt him much. I am wondering why so many people are against this acquisition. Elon Musk is an active twitter user himself, if he has a new vision for twitter why not give him a chance? It seems all the left wing activities are afraid to lose power on twitter. But Elon already stated he wants to promote freedom of speech on twitter. So we might see a wider spread of different opinion and users can argue against each other. In the end it comes down to the readers to remain critical and not believe everything they read online.

Yes, being responsible will save you everything, it will be depends on how you take those things that you read.

Musk might see something that makes him interested in this social platform and he has the resources to take it, whatever
changes he's planning, we will only see that in the near future.

Updates will be available and then we will know what would be the best for this move of him on both sides, the platform and
him as a new holder.

[CaptainCrapper]

It's a huge figure, If WhatsApp went for over $19 billion,then,Twitter should go beyond the $100 billion mark. Anything below 100 billions USD is a bad sell out! He can reconsider his shares if he likes or go build his own Twitter if he so much wants a free public speech. I think that Jack won't give him that power he's looking for in other tech space. Jack has done wonderfully well with Twitter though.

yes after the offer elon Dogecoin is pumping hard so I think if he can buy the Twiter then he will give some own news of what is he will done buy pump and dump.

[Bushdark]

Elon Musk is one of the billionaires I always respect cause he always do things that is unpredictable sometimes. He uses what he has to get what he wants. Money is working for him and is part of the reason why we do say "Money is power." Even though we may not like the way he portray the crypto market to get what he wants. Since the market is broad, think he has the liberty to do what ever he likes once it does not affect the freedom of others.

There had been rumor that he purchased Twitter so he can create more awareness for doge coin. I don't think that was his reason cause the media can deceitful atimes. We don't know his reasons for buying Twitter but I believe that he want to have control over Twitter so he can influence his businesses to the next level. He is a man that always want to bring new innovations to that mankind.

[iv4n]

Was a nice move by Elon Musk to buy Twitter. Paying 44bn USD for it isn't even 20% of his networth and since he likes to hold a lot of his money in liquid assets it shouldn't hurt him much. I am wondering why so many people are against this acquisition. Elon Musk is an active twitter user himself, if he has a new vision for twitter why not give him a chance? It seems all the left wing activities are afraid to lose power on twitter. But Elon already stated he wants to promote freedom of speech on twitter. So we might see a wider spread of different opinion and users can argue against each other. In the end it comes down to the readers to remain critical and not believe everything they read online.

To be honest I thought it will not happen! I followed the news about it, and there were a lot of different stories from all sides, but in the end, he bought it, and now Musk has the main say on Twitter!
I agree with you, this purchase will not hurt him much financially, and yet with some real vision, and I'm sure Musk has it, this investment has great potential! The most interesting question for me is whether Musk will completely open Twitter to crypto and in what way he can do it?! This is probably the most interesting for all of us crypto lovers, and I think there is a good chance that it will happen.

[NewRanger]

So now what does Elon want to do? Promote his doge till it hit 1$ or his intention is really to make a decentralized Twitter? He says opposite comments will be respected by not controlling people's posts and comments. But this will make Twitter a place of hatred if hate speech will not be managed.

We still don't know what Elon Musk plans after he bought Twitter.
But even though he promoted Dogecoin constantly, people won't easily believe in him. Except, Elon Musk makes Dogecoin to be a crucial part in Twitter. People are familiar enough with Dogecoin, everyone knows it is a meme coin only. $1 for the Doge price seems hard to achieve if there will be no strong reason to pump it massively.

Make a decentralized Twitter?
What does it mean?
I don't really understand this idea. I think everyone is free to make any tweet, no force or pressure on any Twitter member.

as i know elon musk want twitter be a place for freedom of speech in social media platform. but i am believe it just a cover to hide important agenda. if compared with his main core business its very different, but he twitter has alot potency if it could be a trigger for cryptocurrency market.at this moment speculation about doge regarding this buying significantly soar, and most of us it could reality doge coin accepted in twitter as their payment system.

[kawetsriyanto]

as i know elon musk want twitter be a place for freedom of speech in social media platform. but i am believe it just a cover to hide important agenda.

Agree, he must have a bigger agenda. Making a freedom speech on Twitter seems a too simple goal for a big person like Elon Musk.
I am also not sure if he buys Twitter to make a more massive promotion (tweets) for Dogecoin. He isn't a team of Dogecoin, we also don't know if he really holds a big number of Dogecoin. So, buying Twitter for improvement of Dogecoin price, is just a people's speculation.

Not sure what the real purpose is, he may buy Twitter to make this social media more profitable in the future. Both for his own matter (tweet anything he wants) and for his business matter (such as promoting Tesla products).

[Gyfts]

Some angry people tried to bring the FCC into the mix and demand they block Elon Musk's acquisition of Twitter: https://twitter.com/stillgray/status/1519452741206425600/photo/1

Their response is rather candid.

The shareholders of Twitter prior to Elon Musk's acquisition were Saudi Princes and other large financial firms. Something tells me the Saudi's and and investment corporations don't have any concern to "democracy" anymore than an eccentric billionaire would.

[doomloop]

Everything has a price, it seems the board of Twitter can't resist Elon Musk's offer that is so high. Hopefully Elon Musk keeps his promise that after buying Twitter he will give freedom of speech to all users. So all of us as Twitter users are not afraid of getting banned and warned if we express sensitive opinions that many people don't like. Because I was already annoyed using Facebook which began to limit my opinion on certain things. Another positive thing is that Elon Musk will use Twitter to promote cryptocurrency, so I expect more and more people to join the crypto industry. In order to make the price of Bitcoin go up again, because I believe buying Twitter has something to do with cryptocurrencies too.
I'm quite curious to see the big changes Twitter when Elon Musk is officially the owner of Twitter, because we know Elon Musk's style is usually quite aggressive in making changes.

Not all actually. There are stuffs that are priceless and there will always be a reason on why you won't sell the thing even if you are being offered by millions or billions of cash. It can be that it has a sentimental value to you or anything else.

In the case of twitter, I think they don't value it, they don't really value their company because why would they sell it? Or maybe they think they are getting old already and have no time to manage the company very well and there are also problems that a company might face. They don't want to deal with that anymore but they come to the point that they want to retire, relax and enjoy the fruits of their hardworks.

[BOAEDAN]

With the amount of finance that Elon Musk has, he can buy whatever he wants including buying Twitter, according to the media I read and the media I searched for. Elon Musk's goal of buying Twitter is to be able to get freedom of speech, according to Elon Musk, freedom of speech is the key to the future of twitter, but if Elon Musk cancels the purchase of Twitter, he will most likely be fined, but I'm sure Elon Musk will definitely buy Twitter at the price offered by Twitter.

[kesmex]

With the amount of finance that Elon Musk has, he can buy whatever he wants including buying Twitter, according to the media I read and the media I searched for. Elon Musk's goal of buying Twitter is to be able to get freedom of speech, according to Elon Musk, freedom of speech is the key to the future of twitter, but if Elon Musk cancels the purchase of Twitter, he will most likely be fined, but I'm sure Elon Musk will definitely buy Twitter at the price offered by Twitter.

Haven't you seen the news that Elon Musk has officially bought Twitter,
it looks like you missed the news but apart from that it is clear that Elon Musk will indeed make Twitter a place for free speech,
Obviously this will be interesting to look forward to and we'll see what happens next

[kamilah147]

Yes, I have received information on other social media about Elon Musk going to buy more twitter shares. Even though he already has a stake there, he wants twitter with a high proposal. But Arab Prince Alwaleed refused to sell twitter to Elon Musk, due to some considerations going on I believe Elon musk can't have full twitter. Twitter is the most widely used social media by people around the world, twitter has very good growth. It would be very difficult for an owner to let twitter just like that. With the offer to buy all of Twitter's stock, Twitter's stock went even higher. Elon's influence in the investment world is incredible, words can make markets change so fast.

[Markinzo]

I guess Elon Musk 10% shareholder in the firm haven't been able to Grant him the level of control he desires on the social platform Twitter.

Sometimes one can have money to the extent that fell like they are supposed to own most things in life.
 
Maybe I don't know. Is Twitter having any financial debt on their shoulder? So why is E. Musk seeking for the ownership!

Could it be due to his dissatisfaction towards Bitcoin that have made him taken such move, cause it's very obvious Twitter has been and still is very influencial on Bitcoin by promoting and breaking informations  than any social media platforms.

I don't see Jack selling off Twitter at the very moment, cause as a business many even if he has the intentions of selling the firm, it wouldn't be now.

Maybe years from now, if possible.

[hyudien]

With the amount of finance that Elon Musk has, he can buy whatever he wants including buying Twitter, according to the media I read and the media I searched for. Elon Musk's goal of buying Twitter is to be able to get freedom of speech, according to Elon Musk, freedom of speech is the key to the future of twitter, but if Elon Musk cancels the purchase of Twitter, he will most likely be fined, but I'm sure Elon Musk will definitely buy Twitter at the price offered by Twitter.

The purchases that Elon used did not use personal money. He made a Debt to private companies with Tesla shares as collateral. A businessman will not spend his personal money to buy something and Elon deliberately uses borrowed money to follow his desire to buy Twitter. Maybe you think he has given freedom of speech, but indirectly he will eradicate anonymous accounts where privacy is often the main thing to stay safe.

[Crypto Library]

Yes, I have received information on other social media about Elon Musk going to buy more twitter shares. Even though he already has a stake there, he wants twitter with a high proposal. But Arab Prince Alwaleed refused to sell twitter to Elon Musk, due to some considerations going on I believe Elon musk can't have full twitter. Twitter is the most widely used social media by people around the world, twitter has very good growth. It would be very difficult for an owner to let twitter just like that. With the offer to buy all of Twitter's stock, Twitter's stock went even higher. Elon's influence in the investment world is incredible, words can make markets change so fast.

But I heard that Elon Musk has already bought Twitter. And as a result, his total assets have been decreased. Elon Musk has taken out 25.5$ billion dollar bank loan to buy Twitter in exchange for mortgaging 35 to 40 percent of the company's shares. After the news broke, shareholders just started selling shares. So far I have heard that his total assets have dropped by about 30 billion. Did I actually hear any rumors?

[Zanab247]

With the amount of finance that Elon Musk has, he can buy whatever he wants including buying Twitter, according to the media I read and the media I searched for. Elon Musk's goal of buying Twitter is to be able to get freedom of speech, according to Elon Musk, freedom of speech is the key to the future of twitter, but if Elon Musk cancels the purchase of Twitter, he will most likely be fined, but I'm sure Elon Musk will definitely buy Twitter at the price offered by Twitter.

I don't think Elon Musk will use such amount of money to buy Twitter because he has other things he can invest that huge amount of money for and within a year he will get double of what he has invested.Now that Dogecoin price is preparing to increase higher, I believe Elon musk will prefer to invest that money on Dogecoin than Twitter because the price of Dogecoin can increase higher at anytime for both short and long investors to use the opportunity to earn well from their investment.

[noorman0]

-snip-
 he even bought it with cash, for 630 trillion, not a small amount of money for a platform,

I don't see any reference anywhere on this. And I'm not sure that it's easy to monetize his fortune that much. There will be a lot of inequality that affects his companies due to the fact that most of Elon's wealth is in liquid assets, not cash.
And I found this information:

In Monday’s statement, Twitter said Musk is providing about $21 billion and has secured $25.5 billion of debt and “margin loan financing,” adding “there are no financing conditions to the closing of the transaction.”

~ source

He didn't fully use his wealth to plan to acquire twitter.

[CaptainCrapper]

Like two days ago, Elon Musk in an interview says Twitter ads be better to be paid in bitcoin. Elon Musk has 82.4 million shares of Twitter which is 10.3% of Twitter. Recently he wants more of Twitter and wants to buy Twitter.

Tesla boss Elon Musk has offered to buy Twitter, saying he is the right person to "unlock" the social media platform's "extraordinary potential".

In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter, valuing it at about $40bn. It recently emerged that Mr Musk was Twitter's biggest shareholder after he built up a large stake in the firm. He said that if his offer was not accepted: "I would need to reconsider my position as a shareholder".

We all know how deceitful Elon Musk can be, all he cares about is doge coin, not bitcoin, even doge coin rose when he bought shares on Twitter, he is only looking for ways to make doge popular and this can be effective if he owns Twitter. I believe he will fail because Twitter is never like Facebook and will never be like Facebook. His aim will only be towards making doge the dominant coin Twitter will be accepting just as he did with Tesla after his bitcoin criticism which he was wrong about but just wanted to fool people.

He is now the owner of Twitter now he wants to buy another something he will now tweet and investors will invest more and more.