Elon Musk And Twitter Finally Reach Deal For Sale
Elon Musk finally bought Twitter, and free speech haters are having a bad day today. Musk, who made the shock bid less than two weeks ago, said Twitter had “tremendous potential” that he would unlock. He also made sure t...
Elon Musk finally bought Twitter, and free speech haters are having a bad day today.
Musk, who made the shock bid less than two weeks ago, said Twitter had “tremendous potential” that he would unlock.
He also made sure to address various changes from relaxing its content restrictions to eradicating fake accounts.
The firm initially rebuffed Musk’s bid, but it will now ask shareholders to vote to approve the deal.
As you probably know by now, Musk is the world’s richest person, according to Forbes magazine, with an estimated net worth of $273.6bn mostly due to his shareholding in electric vehicle maker Tesla which he runs.
He also leads the aerospace firm SpaceX as you probably know by now.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the deal.
He continued and said the following:
“I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.”
🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6
— Elon Musk (@elonmusk) April 25, 2022
He concluded by saying:
“Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
Som ene said: “Elon Musk is buying Twitter and everyone freaking out drives a Tesla. There’s never been a dumber time to be alive.”
Ron DeSantis said this: “@elonmusk’s offer to buy Twitter is a good deal for shareholders and raises the prospect that the platform will be a place where free speech can thrive, not a tool for narrative enforcement.”
Stay tuned for more news because some important changes will be taking place regarding Twitter these days, that’s for sure.
The post Elon Musk And Twitter Finally Reach Deal For Sale first appeared on CryptoGazette - Cryptocurrency News.Original source
Read on CryptoGazetteRelated market context
Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days
Here is the thing about capitulation calls. They only sound smart in hindsight. Right now, with Bitcoin price scraping along the l...
Elon Musk’s trillionaire status puts his net worth above crypto’s entire market cap outside Bitcoin
Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic...
Bitcoin nears $65K as Trump says Hormuz will 'open to all' in Sunday Iran peace deal
Bitcoin stayed near local highs on a new US-Iran peace deal pledge as analysis saw conditions favoring a sustained BTC price rebou...
Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
Bitcoin Magazine Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low Standard Chartered’s head of di...
Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race
Bitcoin Magazine Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race Blockworks, the New York-based...
Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide
TL;DR SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.” She criticized the agency’s reliance on enfo...