Twitter is one of the most used social media applications worldwide. And the platform is probably soon going to be owned by SpaceX CEO Elon Musk. Yes, Elon Musk has shown his intentions of owning Twitter. Elon Musk Offers To Buy Twitter For $41 Billion. Yes, that’s true.
Elon Musk has always had a broader vision. He never thinks about something small. And this time Musk has laid his hands on Twitter. From the holder of the highest shares of Twitter to completely buying Twitter, Musk is cleverly taking each leap.
What is going on in Elon Musk’s mind? Is he really going to buy Twitter? If so, then what will be the consequences? Do you also have a lot of questions pondering in your mind? Let us discuss all this in our post on Elon Musk Offers To Buy Twitter For $41 Billion.
What Is The Value Of A Twitter Share Offered By Elon Musk?
In a recent Tweet that Elon Musk shared on the platform, he mentioned his willingness to buy Twitter on the whole. This was an expected move that Elon Musk was predicted to have taken soon and finally, he revealed the same. Elon Musk has put forth the offer that he is intending to buy all the Twitter shares at the rate of $54.20 per share.
How Much Is Elon Musk Offering To Buy Twitter?
As per the rate of each share that Elon Musk announced to provide Twitter with in order to buy all its shares, the value adds up to around $41 Billion that Elon Musk is ready to pay Twitter to buy the company.
What Is Elon Musk Planning For Twitter?
Now as you know that Elon Musk Offers To Buy Twitter For $41 Billion, you must be wondering as what is his plans related to the app.
Elon Musk’s plans have been apparent in the past few days. He has taken each step by putting a lot of thought into it. The best part is that no one could predict what Elon Musk’s next step is going to be.
The first thing that Elon Musk did as a part of his planning to own Twitter was to criticize the platform. In the beginning, all the Twitter users witnessed how Elon Musk put forth his opinion about his discontent with Twitter’s policies. He stated that Twitter is not allowing the freedom of speech to its users. He even gave a hint about his intentions to develop a better social media application.
After portraying the loopholes of Twitter, Elon Musk bought the most shares of the Twitter song all the other Twitter shareholders just as Twitter’s shares went down. This was a great step that Musk took and everyone all over the platform was shocked on hearing this news.
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Just as Elon Musk became the biggest shareholder with 9.2% of the total shares of Twitter, he tweeted a poll asking the users if they want an edit button on Twitter. This showed that Elon Musk doesn’t just want to be a shareholder of the company but also wants to make changes to the platform.
Then, Elon Musk showed his interest in joining the board of Directors of Twitter. It was all set that Elon Musk will be a member of the board of Directors of Twitter and hence, as per the rules, he will not be allowed to take up more than 14.9% shares of Twitter.
When it was finally the time to join Twitter’s board of directors, Musk stepped back and refused to be a part of the board. This made Elon Musk’s intentions crystal clear to everyone that he is willing to buy the company as that could be the only reason why he decided not to join Twitter’s board of directors.
At last, Mr. Musk has disclosed the main motive behind everything he did. He revealed that he is willing to buy All the shares of Twitter for $54.20 as the value of each of the shares.
Once Elon Musk takes up the whole Company of Twitter, he will bring great transformation to the platform. If this happens, it is definitely going to affect Twitter users positively.
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