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Elon Musk Spends $44B To Preserve Free Speech In America

Twitter and Elon Musk have struck a deal for Musk to take over the social media platform, as relayed by the Wall Street Journal and several other outlets.

Musk’s latest reported offer to buy the company was estimated to be $44 billion. Per the New York Times, Twitter agreed to be taken over at $54.20 a share, “a 38 percent premium over the stock price when it was revealed that Mr. Musk had become the company’s biggest shareholder.”

Musk himself released a statement on the deal.

“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. “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 spam bots, and authenticating all humans.

“Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”

According to PR Newswire, the deal was unanimously approved by the Twitter Board of Directors and is expected to close this year, “subject to the approval of Twitter stockholders, the receipt of applicable regulatory approvals and the satisfaction of other customary closing conditions.”

As we relayed on OutKick earlier, Musk had tweeted early Monday that he hoped his critics would remain steadfast in challenging him — an indication that a deal was about to go through.

“I hope that even my worst critics remain on Twitter, because that is what free speech means,” Musk tweeted.

Needless to say, the transaction has a large group of the left-leaning blue checkmarks feeling flabbergasted, Outkick founder Clay Travis said.

“The left wing blue check brigade members losing their minds on here over Elon Musk’s purchase of Twitter are doing this because he’s going to bring true free speech to this platform.” Clay tweeted. “They’ve been playing with a rigged algorithm and know their gig is about to be up. Glorious.”

Written by Sam Amico

Sam Amico is the assistant managing editor-newsdesk at OutKick. He is also the co-founder and senior writer at Hoopswire.com, and has covered the NBA for nearly 20 years, including his time at Sports Illustrated, FOX Sports and CBS Sports. A native of Akron, Ohio, his writing career began in Wyoming.

7 Comments

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  1. The highest profile nail for cancel culture and character assassination yet. Many thought opening opposition platforms was the best defence, but Musk has shown his maverick style beforr. Now the woke cancel culturists have to prove their inclusiveness rather than demanding exclusion of other ideas. Now it needs a new name to wipe Dorsey’s hypocrisy from the future of open discussion!

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