Credit – WikiMedia Commons
You have got to give Elon Musk Credit. He is a man of his word, and walks the walk and talks the talk. Musk is a fierce free speech advocate, and recently put his money where his mouth is with the purchase of 9.2% of Twitter’s stock, making Musk the largest shareholder of Twitter. That created an uproar in itself, with Twitter employees nervous about their futures under a free speech absolutist like Musk. Now Musk has made an offer to buy Twitter outright, with an offer of 43 billion dollars, which equates to $54.20 per share. Elon Musk is the richest man in the world, with a net worth of 282 billion dollars, so this would be a drop in the bucket for him. A drop in the bucket for free speech. In a letter addressed to Twitter Chairman Bret Taylor, which was attached as an exhibit to a filing with the Securities and Exchange Commission (SEC) on April 14, Musk made his intentions clear, that he believes Twitter can be a platform for free speech, and if the offer is accepted, would unlock twitter’s potential. Oh boy….
This is a Win Win For Elon Musk and Freedom of Speech
Elon Musk cannot lose with this move to purchase Twitter. Since buying 9.2% of Twitter’s stock, becoming the largest shareholder, Twitter’s stock has jumped 27%. The stock is rising once again with Musk’s announcement of a total buyout. If Twitter chairman Brett Taylor decides against the purchase, Musk could potentially sell all of his Twitter stock resulting in a nosedive of Twitter’s stock. It’s a win win for Musk, and a lose lose for Twitter. Basically, Elon Musk is forcing Twitter to reevaluate the way it censors people on its platform. The most egregious being a former President of the United States permanently banned, while terrorists are allowed to spew hate against Americans. In the letter to Twitter chairman Bret Taylor, Musk believes that Twitter can be a platform for free speech, but not in its current form. He believes Twitter needs to be transformed as a private company.
“I 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. However, since 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. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it.”
Related: Elon Musk Has Chosen Freedom of Speech
Elon Musk Owning Twitter Would be a Great Day For American Freedom
In one fail swoop, Elon Musk has stood up for freedom of speech, stood up against censorship, proven how free market capitalism can always find a better solution, and has become a beacon of hope for America. Elon Musk is no Conservative by any stretch of the imagination, but what he does believe in, is a free America that is allowed to thrive when you just give it a chance. The mainstream should have a field day with this, as we see them break down into manic fits of rage induced name calling. Joy Reid asked last week if her Twitter followers would continue to use the platform, if Elon Musk somehow got Twitter to reinstate Donald Trump and his white nationalist, q-anon, anti-vaxxer friends. Just think what refuse will spew from her mouth now that Elon Musk might own Twitter outright. It’s a joy to watch. If Elon Musk manages to rest control of Twitter from the communists that are currently running it, it would be a great day for freedom in America.
