is elon musk buying twitter
Why Elon Musk ACTUALLY bought Twitter.what on Earth is happening with Twitter,why is it happening an
Updated on Jan 15,2023
Why Elon Musk ACTUALLY bought Twitter.
what on Earth is happening with Twitter,why is it happening and how are some,people really excited but others,absolutely terrified about it so just to,make sure you're all caught up on April,4th 2022 Elon Musk the British fan of,the world single-handedly accumulated,9.2 percent of Twitter's shares making,him the number one biggest solo,shareholder of the company the more,shares you have the more ownership you,have a few days later he then offered to,buy the entire rest of Twitter for 54.2,dollars per share which meant that he,was offering a total of around 44,billion for the whole company his price,was reasonable but not everyone loved,the way that he did it instead of just,putting in a friendly offer he said look,if you don't let me buy it then I have,no confidence in the way that this,company is currently being run and I'm,going to dump all of her 9.2 percent of,shares that I currently own which a lot,of people have called a hostile takeover,because even without the Twitter board,of directors agreeing with his buyout,he's not really given them a choice if,Elon Musk suddenly sold all of his,Twitter shares that would massively,reduce the value of each share meaning,that anyone who is at all invested in,Twitter is going to lose money and so,they're all going to need that deal to,go through but then Elon did something,kind of odd he put the deal on hold,because he all of a sudden felt like,there were just too many fake accounts,on the platform and therefore that he,was overpaying I mean we use YouTube we,can relate to the Bots but this very,sudden 180 did raise the question of if,he was trying to Trash Talk Twitter just,to be able to plummet their stock price,and get away with paying less either way,Twitter wasn't happy about that this guy,was not just trying to retract his offer,but was also soiling their reputation in,the process,so they sued him saying that he had to,pay what he'd initially committed to and,after a long drawn out back and forth it,seemed like Elon just went all right,whatever screw it I'm in he changed his,Twitter bio to Chief twit flew to,Twitter HQ and quite literally let that,sink in then things changed very quickly,he fired the CEO paragagawal he's got,rid of staff on a scale that we've never,seen before taking the workforce all the,way from around 7500 to about 2 000 and,he's already made three enormous changes,to the way the companies run one being,how he's drilled down on the few,employees who have stayed scrapping the,free lunches they used to get vetoing,remote work and forcing them to come,into the office even turning old,conference rooms into bedrooms because,they're being pushed to work up to 80,hours per week two he's amped up,Twitter's monetization by making the,Twitter blue subscription which,previously allowed you to edit tweets,now twice as expensive but justifying it,by adding the additional perk of getting,any paying subscriber the verified tick,necks of their name oh and a sub to the,channel would be beautiful not to,mention his seeming intention to turn,Twitter into yet another video platform,he started pushing for ads on videos,just like YouTube and he's even said,he's going to offer a higher percentage,cut than them to content creators and,then three is elon's take on what should,be and what shouldn't be allowed on,Twitter he started reinstating accounts,that were previously banned including,Donald Trump who was taken off initially,for inciting the riot of the Capitol,building and what all of this has led to,is frankly,chaos big name celebrities have publicly,said they're quitting advertisers have,pulled their spending and every day you,read a new report that basically says,the company is burning down from the,inside out this is fine but is there a,method to this madness Does Elon,actually know exactly what he's doing,what's the reasoning behind all of this,well we can start to build a picture by,looking at what he said when he first,made the offer I didn't do it because,it'd be easy I didn't do it to make,money I did it to try and help humanity,and while it's hard to take that,completely at face value given how he,nearly backed out on the basis that he,was paying too much if all he wanted to,do was to just get even richer than,there were a million easier ways to do,it than offering 44 billion for a,company that's losing money almost every,single year yeah Twitter's financial,situation is not good but we're getting,there plus I mean look at the guy's,other businesses Elon owns Tesla that's,pushing us towards eco-friendly electric,cars SpaceX that's trying to make,Humanity an interplanetary species and,neuraling he's finding a way for our,brains to be able to direct directly,communicate with machines well of course,he is making money from them the point,is they're all also big picture,Progressive companies that are carrying,the global population into the future so,I can believe that there's at least an,element of Truth to his Noble reasons,for acquiring Twitter Elon h
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is elon musk buying twitter catalogs
- How Elon Musk bought Twitter
- Elon Musk Twitter Buy Explained: Why He Offered $43 BILLION!
- Elon Musk Buys Twitter, the News (Taylor's Version): This Week's News | The Tonight Show
- Elon Musk vs. Twitter: Inside the 6-Month Battle | WSJ
- The Real Reason Elon Bought Twitter For 44 Billion!
- Elon Musk buying Twitter Part 2
- The real reason why Elon Musk is buying Twitter