Elon Musk, the richest man in the world, is willing to spend $ 43 billion on Twitter in an effort to ensure that what he described as the “de facto City Hall” of the world becomes a platform that plays fair. Ticker Security Last change% TWTR TWITTER INC. 45.08 -0.77 -1.68% “I could technically afford it,” said Musk, whose fortune is $ 264 billion, during his TED talk with Chris Anderson on Thursday, hours after the offer to make Twitter private. MASK TRIBES PLAN B IF TWITTER REJECTS $ 43 BID OFFER Elon Musk speaks at SESSION 11 at TED2022: A New Era. April 10-14, 2022, Vancouver, BC, Canada. (Photo: Ryan Lash / TED) “But what I’m saying is that this is not a way to make money. My strong, intuitive feeling is that having a public platform that is as credible as possible and includes a wide range of exclusions is extremely important for the future of culture. “I do not care at all about finances”, he explained a few hours after he made his overproduction for the social media giant. CALIFORNIES WEIGHT IN THE BATTLE OF ELON MUSK-TWITTER In pursuit of justice by Musk, it continues to generate an unexpected profit for shareholders and management. The social media giant’s market capitalization reached $ 40 billion when it revealed its 9.2% stake in the company this month, according to the Dow Jones Market Data Group, from $ 29.9 billion on Jan. 31 when it began trading. loads shares unknowingly. to the investing public. CLICK HERE TO READ MORE ABOUT FOX BUSINESS
Twitter Shares YTD 2022
A deposit in the Hellenic Capital Market Commission, released on April 4, details its purchases that continued until April 1, with a maximum of $ 39.34. The stock rose more than 16% this year, compared with a 6% drop in the Nasdaq Composite. Presenter Chris Anderson and Elon Musk speak at SESSION 11 at TED2022: A New Era. April 10-14, 2022, Vancouver, BC, Canada. (Gilberto Tadday / TED) Musk, a self-proclaimed “liberalizer of free speech,” emphasized that reforming Twitter was the key to democracy. “It’s important for the United States to function as a free country and for many other countries, and indeed to help give freedom to the world at large beyond the United States,” he said. “It is very embarrassing when someone you do not like says something you do not like. This is a sign of a healthy, functional state of freedom of speech,” he said. Musk also said he has another plan if Twitter’s board rejects his offer without being specific. As of Thursday night, Twitter has announced that its board is considering the offer.
