Elon Musk the billionaire behind companies like Tesla and Space X, has put in a bid to purchase the rest of twitter from its shareholders. This is part of a plan where Elon says the goal is to bring "free speech around the globe."
Musk has proposed to buy the rest of the company at $54.20 per share, a 38% increase from Twitter's April 1st close. This was also the day before he first announced his stake of 9.2% in the social media giant.
He has tweeted out multiple possible plans for Twitter including creating an edit feature so you are able to revise former tweets, converting their san Francisco office into a homeless shelter, and has even asked if the company was dying due to the lack of high profile individuals sharing mass amounts of content on the platform.
The board of directors for Twitter will review this bid, and analysts believe Twitter will accept the proposal. Making this one of the most chaotic months in Twitter's history.
This news has left Twitter employees at a crossroads. Millennials fear that Musk is a 'racist demagogue' while many others within the company welcome Elon, as a catalyst for free speech and a return to Twitter's public square model as opposed to authoritarian censorship of free speech.
I MUST REMIND EVERYONE THE POINT OF FREE SPEECH IS NOT TO SAY THE THINGS THAT EVERYONE ELSE AGREES WITH, ITS TO GIVE YOU THE RIGHT TO SAY SOMETHING THAT CAN BE WRONG. A DISCUSSION HAS SHOWN TO BE MUCH BETTER THAN CENSORSHIP!
Elon Musk offers to buy Twitter for $41 billion