{"id":431574,"date":"2022-04-14T13:55:13","date_gmt":"2022-04-14T10:55:13","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musk-offers-to-buy-twitter-for-41-billion\/"},"modified":"2022-04-14T13:55:13","modified_gmt":"2022-04-14T10:55:13","slug":"elon-musk-offers-to-buy-twitter-for-41-billion","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musk-offers-to-buy-twitter-for-41-billion\/","title":{"rendered":"#Elon Musk offers to buy Twitter for $41 billion"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4072af0fe50\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4072af0fe50\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/elon-musk-offers-to-buy-twitter-for-41-billion\/#%E2%80%9CElon_Musk_offers_to_buy_Twitter_for_41_billion%E2%80%9D\" >&#8220;Elon Musk offers to buy Twitter for $41 billion&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CElon_Musk_offers_to_buy_Twitter_for_41_billion%E2%80%9D\"><\/span>&#8220;Elon Musk offers to buy Twitter for $41 billion&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<p>Elon Musk has launched a $41 billion bid to buy Twitter, saying the proposed deal is part of his plan to bring \u201cfree speech around the globe\u201d just days after rejecting a seat on the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> company\u2019s board.<\/p>\n<p>Musk\u2019s offer price of $54.20 per share, which was disclosed in a regulatory filing on Thursday, represents a 38% premium to Twitter\u2019s April 1 close, the last trading day before the Tesla CEO\u2019s more than 9% stake in the company was made public.<\/p>\n<p>Twitter\u2019s shares jumped 12% in premarket trading.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"686\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-03.jpg?w=1024\" alt=\"\" class=\"wp-image-21898448\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-03.jpg?quality=75&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-03.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-03.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Tesla CEO Elon Musk has offered to buy Twitter for about $41 billion.<\/figcaption><figcaption><span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>\u201cI 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,\u201d Musk wrote in a letter to Twitter Chairman Bret Taylor.<\/p>\n<p>\u201cSince making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.\u201d<\/p>\n<p>\u201cMy offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,\u201d Musk said.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-01.jpg?w=1024\" alt=\"Elon Musk\" class=\"wp-image-21898642\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-01.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-01.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-01.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Musk said his offer to buy Twitter is part of a plan to make the social network a bulwark of \u201cfree speech\u201d around the world.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>In the filing, Musk used blunt language, telling the Twitter board: \u201cI am not playing the back-and-forth <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>.\u201d<\/p>\n<p>\u201cI have moved straight to the end,\u201d the entrepreneur said. \u201cIt\u2019s a high price and your shareholders will love it.\u201d<\/p>\n<p>Earlier this week, Musk said he had abandoned a plan to join Twitter\u2019s board, just as his tenure was about to start. Taking the board seat would have prevented him from a possible takeover of the company.<\/p>\n<p>Twitter said in a statement: \u201cThe Twitter Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and all Twitter stockholders.\u201d<\/p>\n<p>Analysts are predicting that Musk will ultimately succeed in his takeover bid.<\/p>\n<p>\u201cMusk previously had a 9.2% stake before the filing this morning and now ultimately we believe this soap opera will end with Musk owning Twitter after this aggressive hostile takeover of the company,\u201d said Daniel Ives of Wedbush Securities.\u00a0<\/p>\n<p>\u201cIt would be hard for any other bidders\/consortium to emerge and the Twitter board will be forced likely to accept this bid and\/or run an active process to sell Twitter.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"744\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-09.jpg?w=1024\" alt=\"\" class=\"wp-image-21898651\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-09.jpg?quality=75&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-09.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-09.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Under its previous CEO Jack Dorsey, Twitter became mired in controversies over its regulation of free speech.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>Musk\u2019s potential takeover of Twitter has reportedly been a source of dread for employees of the company in recent days. It has also reportedly divided the company\u2019s ranks, with some welcoming a takeover by \u201cDaddy Elon\u201d and others fearing Musk is a \u201cracist demagogue,\u201d according to reports.<\/p>\n<p>Twitter CEO Parag Agrawal broke the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> on his Twitter account earlier this week, describing Musk\u2019s decision not to accept a seat on the board as \u201cfor the best\u201d even as he warned workers they would face \u201cdistractions ahead,\u201d Bloomberg reported.<\/p>\n<p>The uncertainty left Twitter workers feeling \u201csuper stressed\u201d about the future, with employees reportedly \u201cworking together to help each other get through the week.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"683\" height=\"1024\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-07.jpg?w=683\" alt=\"Parag Agrawal\" class=\"wp-image-21899161\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-07.jpg?quality=75&amp;strip=all&amp;w=1366 1366w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-07.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-07.jpg?quality=75&amp;strip=all&amp;w=683 683w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-07.jpg?quality=75&amp;strip=all&amp;w=341 341w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\"\/><figcaption>Twitter CEO Parag Agrawal revealed earlier this week that Musk had reversed his decision to join the board, warning that there could be \u201cdistractions\u201d ahead for employees.<\/figcaption><figcaption><span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>The report cited interviews with Twitter employees who asked not to be identified while discussing the company\u2019s inner workings. Several employees told the outlet that Twitter\u2019s internal environment was a \u201cs\u2013t-show\u201d after Musk\u2019s deal with the board fell through.<\/p>\n<p>One Twitter employee griped that Musk was likely \u2018just getting started\u201d with pushing for change at the company \u2013 a development the worker described as \u201cunfortunate,\u201d according to Bloomberg.<\/p>\n<p>The Tesla and SpaceX CEO was invited to join the board one day after disclosing a 9.2 percent stake in Twitter earlier this month, becoming its largest shareholder.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-08.jpg?w=1024\" alt=\"Elon Musk\" class=\"wp-image-21898658\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-08.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-08.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-08.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Musk warned Twitter\u2019s board that he will not be engaging in a \u201cback and forth\u201d over his buyout offer.<\/figcaption><figcaption><span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>Just days earlier, he publicly trashed the company, which he called \u201cthe de facto public town square,\u201d for \u201cfailing to adhere to free speech principles fundamentally undermines democracy\u201d and mulled launching his own social media platform.<\/p>\n<p>\u201cFree speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?\u201d Musk asked users in a Twitter poll on March 28, in which over 70 percent of the 2 million voters responded \u201cNo.\u201d<\/p>\n<p>Musk \u2014 the richest person in the world with a fortune of more than $265 billion, according to Forbes \u2014 bought some 73.5 million shares of the company, worth an estimated $2.89 billion, according to an SEC filing.\u00a0<\/p>\n<p>The massive purchase may have violated federal law, according to financial experts. After the billionaire filed his disclosure forms, Twitter\u2019s share price skyrocketed 30 percent.<\/p>\n<p>Marc Bain Rasella, a Twitter shareholder, sued Musk for not disclosing his stake in the social media company soon enough.<\/p>\n<p><em>With Reuters<\/em>\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/04\/14\/elon-musk-offers-to-buy-twitter-for-41-billion\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Elon Musk offers to buy Twitter for $41 billion&#8221; Elon Musk has launched a $41 billion bid to buy Twitter, saying the proposed deal is part of his plan to bring \u201cfree speech around the globe\u201d just days after rejecting a seat on the social media company\u2019s board. Musk\u2019s offer price of $54.20 per share,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":431575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/musk-twitter-comp.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[127989,39394,73816,70584,4976,10401],"class_list":["post-431574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-14-22","tag-elon-musk","tag-free-speech","tag-mergers-acquisitions","tag-social-media","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/431574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=431574"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/431574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/431575"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=431574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=431574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=431574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}