{"id":45270,"date":"2022-04-15T10:23:47","date_gmt":"2022-04-15T14:23:47","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=45270"},"modified":"2022-04-15T10:23:47","modified_gmt":"2022-04-15T14:23:47","slug":"let-the-games-begin-2","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=45270","title":{"rendered":"Let The Games Begin"},"content":{"rendered":"

On April 14th, The New York Post<\/a> reported that 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<\/p>\n

Wow. I suspect a lot of Twitter employees are currently having a nervous breakdown.<\/p>\n

The article continues:<\/p>\n

Musk\u2019s offer price of $54.20 per share, which comes just days after he rejected a seat<\/a> on the social media company\u2019s board, 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.<\/strong><\/p>\n

Twitter\u2019s shares jumped 12% in premarket trading.<\/strong><\/p>\n

\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.<\/strong><\/p>\n

\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<\/strong><\/p>\n

\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.<\/strong><\/p>\n

The article concludes:<\/p>\n

\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<\/strong><\/p>\n

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<\/strong><\/p>\n

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.<\/strong><\/p>\n

Marc Bain Rasella, a Twitter shareholder, sued Musk for not disclosing his stake in the social media company soon enough.<\/strong><\/p>\n

The richest man in the world is obviously very good at three-dimensional chess.<\/p>\n

\n
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On April 14th, The New York Post reported that 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 Wow. I suspect a … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[11848,8321,2561],"class_list":["post-45270","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-elon-musk","tag-the-new-york-post","tag-twitter"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/45270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45270"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/45270\/revisions"}],"predecessor-version":[{"id":45273,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/45270\/revisions\/45273"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}