Sam Amico
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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.
I hope that even my worst critics remain on Twitter, because that is what free speech means
— Elon Musk (@elonmusk) April 25, 2022
“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.”
Rejoice. Elon Musk now owns Twitter. What are your suggestions for him? Mine are free @TheBabylonBee & bring back Alex Berenson. For starters at least: https://t.co/mmhsq21H7h
— Clay Travis (@ClayTravis) April 25, 2022
And bring back President Trump!
He will be back
Just here to see progressives claim free speech will kill democracy
Just heard Outkick live with Clay suggesting what the new Twitter should have. He emphasized an edit button. So who will deliver first – Outkick or Twitter?
Lefties will leave Twitter, showing everyone they love their insular fiefdoms AND they are willing to build their own platforms if needed (as Clay did here in a rare exception)
See ya
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!