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Elon Musk offers to buy 100% of Twitter - YouTube
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all right I'll start uh this is probably
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this is pretty amazing and I I would say
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unexpected because I didn't know what
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the next move was we all heard that Elon
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Musk was going to be a majority
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shareholder and board member of Twitter
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that was a few days ago we go into the
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weekend we find out he's like forget it
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don't want to be on the board and people
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thought what's he gonna do next now we
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know this allows him to buy all of the
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shares if he wants to if he doesn't
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serve on the board so he's making an
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offer Dubai is making an offer to buy
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Twitter acquiring all outstanding shares
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of Twitter for
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54.20 each so here's a direct quote from
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the letters this is you that Elon Musk
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sent to Twitter's chairman in an SEC
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filing just this morning we just got
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this news about a half hour ago it says
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I invested in Twitter as I believe in
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its potential to be the platform for
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free speech around the globe and I
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believe free speech is a societal
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imperative for a functioning democracy
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however since making my investment I now
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realize the company will neither Thrive
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nor serve this societal imperative in
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its current form no kidding Twitter
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needs to be transformed as a private
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company as a result I am offering to buy
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100 of Twitter for 54.20 per share in
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cash a 54 premium over the day before I
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began investing in Twitter and a 38
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premium over the day before my
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investment was publicly announced my
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offer is my best and final offer and if
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it is not accepted I would need to
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reconsider my position as a shareholder
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Twitter has extraordinary potential I
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will unlock it this would give him total
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control because Twitter would be a
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private company we asked Laura Trump
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about it because you remember Twitter
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ban her father-in-law Donald Trump
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listen
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anybody that wants to Champion freedom
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of speech and give people their voices
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back it is the right way to go there are
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so many conservatives like myself that
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have not even bothered to get on Twitter
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and so on I couldn't tell you Ainsley
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the last time I tweeted because what's
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the point if you're going to be censored
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if you actually can't express what you
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truly think so to have somebody stepping
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up to the plate and saying you know what
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we need to level this out this is our uh
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the you know the Public Square of our
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times as Elon Musk likes to say Twitter
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and for so many of us we have said we're
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not even going to bother with it anymore
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the fact that you have terrorist
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organizations that have allowed to stay
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on been allowed to say on Twitter but
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the former president of the United
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States still is not on there absolutely
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outrageous
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so this could uh save that company it's
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become more and more irrelevant the
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thing is Twitter wasn't only do was just
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Banning conservatives more and more
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people that we know have been banned off
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that platform under Biden's story right
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over on that yeah that was part of that
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that was everybody though too that was
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Facebook that was Instagram so
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I think he goes back and the first thing
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he's going to do is establish Free
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Speech there or how about not be biased
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towards conservatives I even think
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Democrats would tell you there's a bias
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towards conservatives so what happens is
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people just stop doing it they're done
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with it yes but I also think on some
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level do you think the president Trump
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wouldn't even go back on I mean he's
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about to launch truth social to give
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does its own his own use his own uh
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business plan to do a platform that
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would include everybody it definitely
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reshuffles the whole deck because what
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with truth social or parlor or others
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the idea was Twitter's gone so we need
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our own ecosystem where conservatives
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are allowed to speak and free speech is
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allowed to happen no one was really
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considering the fact that some
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ideological billionaire who's more or
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less a Libertarian could buy Twitter and
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bring it back to its original Mission to
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restore it to an actual uh Town Square
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it's it's heartening some you know this
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is the kind of thing that needs to
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happen at universities that needs to
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happen at lots of institutions in our
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country Rich conservatives or just Rich
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free thinkers and freedom lovers coming
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in and saying I've got piles of money
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Elon Musk has got piles of money he can
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know he can afford Twitter I want to do
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something big about the future of this
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country that has blessed me so much so
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let's see what happens if he is able to
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buy it and take it private then you can
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clean house because right now changing
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the culture of Twitter it's not an easy
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thing you gotta hear it everybody you
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gotta get rid of everything and if they
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don't accept the offer which they don't
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have to what does he do does he buy more
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shares to try a public know what he says
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he says I'm going to reconsider my uh
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I'm going to reconsider my ownership
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stake uh my ownership stake in the
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company does that means sell or buy
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oh okay it couldn't I didn't I think
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that I thought it was means he's out
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which means the stock will tank you
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could be right on that too well it
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reminds me to your your train of thought
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Pete when we look at the video of
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Ukraine and they're not even reporting
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on what's happening in Ukraine in Russia
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because this dictator has control of all
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of the media of everything that they see
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and read and hear on the news in our
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country capitalism this is an example of
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capitalism he worked so hard he's very
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obviously brilliant guy and created this
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huge company that is helping the
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environmentalist you know he's creating
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these these cars that are electric and
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he makes so much money on that and has
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the power to buy this and take over and
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I'm sure the employees are livid this
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morning many of them might be quitting
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their jobs not happy well we helped pay
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for Tesla too with all the uh we did the
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rebates so and he also goes back he also
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does a favor by going to space and and
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going back and forth to the space show
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so he's got the best electric car and
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he's got the best spacecraft but we're
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at the point where are on Twitter if you
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use the wrong gender pronoun right
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you'll be banned right and the thing is
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he's not conservative he's just not woke
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correct Bill Maher is not woke he's
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liberal he's just a normal person who
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doesn't want to sacrifice everything
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they know uh it just wants to go back to
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the old days we used to argue about
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issues not about what sex you are we
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don't know by the way we don't argue
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about that I'm not a biologist so I
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don't trust that's right I shouldn't
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even ask you that
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