Elon Musk wants to rule Twitter and offers $43 billion for the platform
The richest man in the world is giving a lot to talk about the social network and other cases that are in the public eye
Did you expect this note? Are you surprised? Probably not. If you know who Elon Musk is and how he manages his opinions, you will know that most of what he thinks he shares on Twitter.
We can even define it as an obsession on the part of Musk regarding the social platform, he has even wanted to be the owner. The ideas he has for Twitter are very big, he says.
Since last week the news went viral that he is the majority shareholder of the social network, he was not going to be part of the board of directors, but it seems that he has changed his mind. Stay to discover their reasons!
The King of Twitter sends his millionaire offer to the platform's board of directors
"Musk wants to own his own Social Network" is one of the most popular headlines today. It seems that electric cars, connections and spaceships are not enough for the richest man in the world.
Elon is more than the average millionaire, he doesn't want to take a break from business, and he doesn't want to miss out on conversion opportunities for something he has a lot of faith in.
In this case, it's up to Twitter. The Californian platform, after receiving Musk as its majority shareholder last week, listens to the tycoon's new offer.
A total of $43 billion for getting the miniblog platform title. A considerable number and with the true value of Twitter?
What Elon Musk thinks of Twitter
Elon Musk loves the functionality of Twitter, that's for sure, but he clearly sees some bugs that need to be improved better than normal users.
Musk sees the incalculable potential of Twitter, and also says that the social network will not become as big as it can be, if the direction of the company does not change.
And although it sounds a bit extreme, the actions that should be taken, according to the tycoon, is to reflect very well on the privacy of Twitter and its place within the stock market.
What led you to make this transaction?
The impulses that seem to have led Musk to make this transaction is the forgetfulness of users in relation to this social network, and the detachment that Twitter promotes towards freedom of expression.
This is what Elon Musk implies, and he offers various proofs, which he believes are irrefutable.
Days before these statements, the CEO of SpaceX drew a lot of attention by being named "Twitter's majority shareholder."
The majority shareholder of Twitter?
Elon Musk made an announcement that we didn't suspect, but it's also not a big surprise that he wanted to be part of his favorite site, and yes, we're talking about Twitter.
The CEO of Tesla and SpaceX, on April 4, paid USD $2.4 million to own almost 75 million titles of the miniblog platform.
Thus becoming the owner of almost 10% of Twitter shares. The majority shareholder of the social network.
Going so far as to take away the head position, from the founder of Twitter, Jack Dorsey, who owns only 2.5% of the total shares, with whom he has already had heated public confrontations within the same platform.
We wondered if this would mean an alliance for a greater good, and also if there would be a striking change, because with Elon Musk we can't predict anything.
Administrative Council? No, Musk doesn't want that.
The assumptions were obvious, after Musk bought so many shares, his intention was to join the board of directors. At least, that's what the Twitter high command thought.
Having Elon Musk within its ranks would greatly improve the dialogues to improve the credibility and functionality of the platform.
Despite the fact that the offer reached the ears of the tycoon, he rejected the offer, and prevailed in the face of other invitations from Jack Dorsey and the CEO of Twitter, Parag Agrawal.
Who had already expressed with great confidence that they were excited about the possibility of Musk joining the council.
But Elon Musk never thought of joining Twitter's board of directors, not for a moment. Or at least, that's what he implied.
The step back was never a passive decision
Many considered and came to define this decision by Elon Musk as a step backwards. Cataloging it as a passive decision.
But the electric car and spaceship tycoon can't stay linear. In this way, Musk's famous polls, I don't know, kept waiting inside Twitter.
Making its more than 84 million users declare that it was or was not better for the social network.
Naming even the creation of a button to "edit" tweets to the use of the platform's offices located in San Francisco to isolate people from the street.
In addition, he tweeted "Twitter dying?". Because neither Taylor Swift nor Justin Bieber have published more on the platform.
Consecutive shots towards the board of directors and the entire Twitter team were the most commented topic in recent days on the social network, before Musk delivered a worse attack.
The great offer of $ 43,000 million to obtain the application of the blue bird, is without a doubt the coup de grâce that has left the board of directors of Twitter against the wall.
The poison pill that puts Twitter against Musk
Musk's offer was considered hostile, since it was also disclosed that he decided that there would be no negotiation on the price for the acquisition of the social network.
The board of directors doesn't think that's the price of Twitter and didn't like that Musk didn't give it a way out.
In this way, Jack Dorsey seeks to protect himself against the imminent threat that may be the richest man in the world for his company. In business it is called the poison pill.
Said poisonous pill consists of the implementation of the rule that no shareholder can have more than 15% of the shares of a company. A move that refrains Musk from being the owner of Twitter.
And still, more is missing. Vanguard Group reveals that it is now the majority shareholder, with 10.3% of the social network. Exceeding the 9.2% that Musk has now.
Experts believe that Musk seriously did not want to buy Twitter, he would have made a much smarter move in that case. Possibly, it was just a threat to make people talk again.
Because one of the most successful businessmen on planet earth would not lose so absurdly, knowing full well the possibility that a poison pill will be used against him.
Elon Musk wants to divert attention from his controversy with Amber Heard by making the offer to Twitter
Come on, we've all heard about the case of Johnny Depp vs. Amber Heard and his current defamation trial, which the actor is making against his now ex-wife.
But what does Elon Musk have to do with all this? A businessman who is interested in buying Twitter should not paint anything.
A few days ago in front of a judge, Johnny Depp revealed irrefutable proof of Heard's infidelity. A security camera revealed Amber and the richest man in the world kissing and entering the ex-partner's apartment.
A rather shocking revelation, since Musk long ago denied having had an affair with the actress, and at that time the actor's wife.
Musk did not comment on these tests that expose him. But he casually threatens Twitter to be his owner and changes the attention of netizens.
Does Musk have a Plan B?
Recently, after the poison pill administered by Jack Dorsey. The tycoon reveals, that he believes, that he will not win the Twitter transaction.
He implies that he does have a plan B, but he does not express much more than that. What he does know is that Jack Dorsey's poison pill is only functional for one year.
That still offers Elon Musk a chance, because such a business-savvy man knows very well to bide his time, and knockout shots seem to be his thing.
In this way, Elon Musk makes us wait for many things. What do you think about this whole story? The cards have already been laid out on the table, and more information on this much-discussed subject is still awaited.