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Elon Musk Twitter Buy Explained: Why He Offered $43 BILLION!
The Tesla and SpaceX CEO offered to buy the influential social media company at $54.20 per share, which some analysts say is too low. Subscribe to CNET: Like us on Facebook: Follow us on Twitter: Follow us on Instagram: Follow us on TikTok:
Stephen M
April 15, 2022 at 2:11 pm
HAHAHAHAHA Eloon wants to buy Twitter to “unlock its potential” to be a “town square”. Because the collaboration of all of you idiots who work hard at Twitter hasnt worked! Better that a single individual ride herd over your lazy/tired butts and TELL YOU what to do. Authoritarianism at its best!! Better to have one very wealthy king – as opposed to so many dissenting voices.
Ellipsis115
April 15, 2022 at 2:25 pm
5:55 This has to be illegal?!? Take my offer or I, the largest(/2nd largest depending when he said this) share holder, will dump my stock. WTF
G G
April 15, 2022 at 3:01 pm
no
Dan Wohlslagel
April 15, 2022 at 3:29 pm
Investopedia has an entire page on “Hostile Takeover”- as part of their “Guide to Mergers & Acquisitions”. Read up!
Grey Tiger
April 15, 2022 at 3:29 pm
I see the risk, but I’m happy he is doing it. Besides what stops a CEO from making stupid decisions? So a shareholder should be able to do w.e they want with their shares.
Hi Everybody
April 15, 2022 at 5:19 pm
He never said that.
1mezion
April 15, 2022 at 2:27 pm
I don’t trust Elon musk
Gauddus
April 15, 2022 at 2:31 pm
Vanguard knows what this is going to mean, thats why.
Mad Man Productions
April 15, 2022 at 2:40 pm
lol I love how petty Twitter got about the Edit button, and they keep emphasizing “Oh we already Had that idea back in 2021… we just didn’t mention it or implement it”… yeah, OK 🙄 Seems like a really simple idea they could have easily implemented at any point, yet it didn’t come up until Musk tweeted about it.
Joel Stuart
April 15, 2022 at 2:58 pm
Fact he is offering a huge price over value and for the board to not allow the sale is showing that shareholders do not matter in corporation Elon be able to purchase it.
Joel Stuart
April 15, 2022 at 2:59 pm
Vanguard increase holdings because other board members sold their positions enough to make it possible in some side deals this is absolutely disgusting
Joel Stuart
April 15, 2022 at 3:00 pm
Jeff Bezos owns the Washington Post and no one said peep
vicious diablo
April 15, 2022 at 3:15 pm
Not many people got 43billion that might be the best offer
Josh Gomez
April 15, 2022 at 3:30 pm
Not going to happen. Vanguard has stepped in and stopped it. Vanguard is one of the two largest companies in the world. They own many rival companies so regardless what you buy, you’re paying them.
G G
April 15, 2022 at 3:48 pm
are they making a better offer. or do you think that if they allow the shareholders to vote, most would vote that their stock tanks over instant profit.
Josh Gomez
April 15, 2022 at 4:52 pm
@G G this is a David and Goliath battle with Elon being David.
Josh Gomez
April 15, 2022 at 3:32 pm
BlackRock and Vanguard own the world.
Truth Filter For YouTube
April 15, 2022 at 3:58 pm
Global Warming is here for real ! The Meltdown has begun….thanks Elon !
Dr Karl Marks
April 15, 2022 at 4:05 pm
Free speech or go broke. I would dump the stock and build my own platform. Twitter is a complete Marxist organization.
Un Deadly
April 15, 2022 at 4:18 pm
i don’t like this man
Camelia Sandache
April 15, 2022 at 4:26 pm
🙂 Mult succes ! D-l Elon Musk 👏
Hi Everybody
April 15, 2022 at 5:17 pm
Death to censorship!! Go free speech!!! Go Elon Musk!!
Dazza j
April 15, 2022 at 5:55 pm
I don’t suppose he will be reading these comments but just in case he does .would you like to help out with my gas bill by any chance .no on both counts !
LaCrux
April 15, 2022 at 6:08 pm
I’m sure I’m in the minority but if you are spreading inaccurate and erroneous information then I don’t think that should be allowed. Yes that may go against free speech but I don’t really care.
QoM
April 15, 2022 at 8:12 pm
Yeah he wants more censorship and more mainstream media propaganda.
Mary B.
April 15, 2022 at 8:29 pm
Time to get off twitter, the nut jobs are coming !!
Jorge Smith
April 15, 2022 at 10:29 pm
Misinformation. Elon never said anything about open sourcing data. That is garbage. Algorithm code and data are two very different things. Also, it doesn’t take more than a year to roll out an edit button. Come on.
David Clapperton
April 15, 2022 at 11:01 pm
No, Musk should not win the bid to takeover Twitter. To have Trump’s bile infecting the social media site again would be terrible.
Saiba Jinzero
April 16, 2022 at 12:25 am
LOL FOX NEWS SHOULD BE MOST TRUST ONE IN THERE FK CNN
Ryan McNabb
April 16, 2022 at 1:05 am
I’m not a huge Elon Musk fan but I fully agree with him on this. Free speech is part of America. Elon isn’t even from America and he knows that. Big tech is truly the enemy of our free society.
A. A.
April 16, 2022 at 2:33 am
im against an edit button. You dont get one in real life.
Rolando
April 16, 2022 at 4:31 am
Allow me to correct your almost perfect script. They don’t think is low, nobody in his right mind can think that. It’s 100% political. It’s a Power game being played on top of a free market framework.
samiebuka
April 16, 2022 at 5:39 am
I thinks people just want more transparency. Who is calling the shoots at twitter? Are there outside influences that dictate who gets banned?
Dram Chaser
April 16, 2022 at 6:02 am
“Service good”…. It should be helping your brothers and sisters to solve world hunger. If it’s not about money than helping your fellow men in not just third world countries but, helping Americans that are homeless. A person that has chump change should do better with their money that they will never use even their kids, kids, kids, etc. He is just in search for money and power. That’s what greed does to people to their humanity… in search of power and nothing else. People with endless wealth don’t care much about anyone else but themselves. If an average Joe can give a bulk or two on a tight budget to a homeless person without thinking twice on what they did than, a billionaire should not care less on a few “pennies” to give out. It’s sad that money and power changes peoples ideals so quickly when once’s they thought about helping another person of need.
Adriana Adnan
April 16, 2022 at 9:39 am
The thing is if you really want to implement free speech, it doesn’t just take buying twitter, it is not a coincidence that major media companies, major movie companies and major social media companies and big tech are all in far left woke states, like LA or silicon valley . It is not a coincidence. So in order to really achieve middle centrist free speech, influencial companies and media need to spread out not just concentrated on the most leftist woke’est states
Martin
April 16, 2022 at 10:35 am
I am not completely confident that Musk is a free speech advocate. For a lot of people “free speech” has become a banner cry for those the want to be able to say whatever they want no matter how putrid or hateful, and that is not what free speech is about. Over the last few years Musk seems to have become fairly entitled and privileged in his attitude and the way he expresses himself. I think this is just a way for him to get what he wants. I don’t mind too much as Twitter is a cesspit, so there is a good chance he would just ruin it. Twitter is not an engineering project, something Musk is supremely good at succeeding at, it is a completely different beast and I really doubt Musk could bring anything to Twitter except turning it into more of a mess and make it more dysfunctional.
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April 16, 2022 at 10:36 am
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Jarris Vádnev
April 16, 2022 at 1:30 pm
Musk cares so much about the future of civilization that he would invest 43 billion on the civilization’s bathroom wall. Twitter isn’t a defacto public square, otrehr social medias like facebook, youtube far surpass the users logged in each day. This is just narcissism couched as human service.
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April 16, 2022 at 1:47 pm
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Push ROI
April 16, 2022 at 3:09 pm
The poison pill has entered the chat.
Dee Bee
April 16, 2022 at 3:36 pm
It’s hilarious that Elon Musk got rich off exactly the same virtue-signalling liberal elites who hate his guts now.
You handed him the hammer he’s using to smash your faces.
How ya like him now?
delegate 10
April 16, 2022 at 4:57 pm
Twitter and its puppets really throwing the worlds biggest tantrum really shows how liberals want to destroy America.
William Liam Smith
April 16, 2022 at 8:55 pm
It’s a pump and dump scheme folks. He invested 3 to 4 billion to buy 10%, offered higher price to acquire and dumped his stock. Plain and simple. He did similar stuff with Tesla to squeeze shorts.
Khalid Hamid
April 16, 2022 at 9:36 pm
Facebook and Zuckerberg is bigger evil to free speech than Twitter in my opinion. Facebook is infested with bots, grooming audience to buy ads, full of scammers, cause of mental health issues to name a few. US govt should censor/regulate them.
Justin Loves You
April 16, 2022 at 9:41 pm
I think if he was able to run for president, obviously not able to because he is not a natural US Citizen, he would definitely win.
John Smith
April 16, 2022 at 9:43 pm
The offer to join Gab is better. The problem is not just Twitter. It is Google, You Tube and Metaverse (FB, WhatsApp). Google can still cancel you, change history and censor free speech on the internet.
If I was Elon my business model would be Starlink (replaces the internet and solves the Google, You Tube and FB problem) and then take over Gab who already have an infrastructure with their own servers, a non-advertising model (so you are not controlled by corporate or politicians) etc.
Gab could be world class with a smaller investment ($2-5 billion) and build that out.
I would then do an IPO for Starlink. That would be a winning combination. That puts total communication, the Town Square and Speakers Corner back in the hands of the people.
Charles Malloy
April 16, 2022 at 10:31 pm
No single company should be worth that much. It’s insane.
Mickey Walker
April 16, 2022 at 11:11 pm
He’s a genius. Have faith.
Karyn Mitchell
April 17, 2022 at 3:00 pm
I only have faith in Jesus. Not man.
Aleksander Thorkildsen
April 16, 2022 at 11:50 pm
Can’t let Musk takeover Twitter and make it a toxic free speech soapbox.
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April 17, 2022 at 12:14 am
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April 17, 2022 at 12:19 am
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April 17, 2022 at 12:19 am
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C W
April 17, 2022 at 12:40 am
Give it to Elon!
Judged Mental
April 17, 2022 at 1:57 am
Musk is no where near the same as Zuckerberg.
Cody
April 17, 2022 at 2:46 am
Musk is on New Game++ first Tesla, then space ex and now Twitter 😂
dean davis
April 17, 2022 at 2:59 am
I like this more than cnn saying Twitter is a national treasure that needs to be saved
b flex
April 17, 2022 at 4:19 am
.what are musk’s societal views..?..he seems middle of the road w populist leanings..of course w some extreme technology views..
..I have no idea what the difference between bit and dogge coin is..?..
Ret Army Combat Vet
April 17, 2022 at 6:48 am
I was just thinking, if Tweeter decide to go red pill (dilute their stocks to lower the prices per share) I will start buying a lot and tell all my friends to buy a lot. Then sell all my share to Musk, just like Game Stop. I will rake in so much money……. I could finally put gas in my car.🤣🤣🤣🤣
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April 17, 2022 at 7:26 am
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April 17, 2022 at 4:30 pm
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iYKEEFX
April 17, 2022 at 10:33 am
According to technical analysis, twitter is about to explode in a longer timeframe..
He’s buying twitter because of the money.
Smart move Mr. Musk.
Muhammadali Fauz
April 17, 2022 at 10:50 am
Elon Musk can u by srilanka its 45b
Muhammadali Fauz
April 17, 2022 at 10:52 am
there is a bad presdent there hes taking all the money
I want to be like u when I grow up
Chris W
April 17, 2022 at 2:56 pm
I was wondering why Elon musk was interested in Twitter. I don’t have strong feelings about it either way.
EIN-AI-hybrid-humans VIP protection
April 17, 2022 at 3:04 pm
Poor thing he can’t stop getting in to problems… or problems looks for him?
My boy is innocent and all he do is help
I am know tweeter ask Elon to buy … trust me my family have that power 😜😜😜 people ask us to take care of them all the time and we are happy to help with love respect and care ❤️❤️❤️❤️
EIN-AI-hybrid-humans VIP protection
April 17, 2022 at 3:05 pm
He need it … to donate that money to his brothers and sisters down here 😜😜😜🇺🇸🇺🇸🇺🇸🇺🇸 so we can lean more about AI and stock investment 🙏
David Connary
April 17, 2022 at 5:28 pm
If elon sells his share , Twitter stock will go down, when elon bought the 9% he raised the Twitter stock , Twitter may learn it’s not a good idea to bite the hand that feeds you. “The good Lord giveth and the good Lord taketh away.”
Tom Zart
April 17, 2022 at 7:38 pm
TWITTER POT FARMER SONG $$
I got out my pipe stuffed it with pot
You better believe it held a whole lot.
I whipped out a lighter thumbed up a flame
Sucked down that smoke which comforts my brain.
I tried alcohol smoked cigarettes
They did nothing but give me regrets.
My mom had arthritis could not walk around
I rolled her a joint she danced on the ground.
I thought I was losing my lovemaking knack
After I smoked some to me it came back.
Soon I decided prices were high
I searched for some ground I wouldn’t have to buy.
I bargained for seeds from smokers all around
Got in my truck and drove out of town.
I walked through the woods where wild birds nest
Found me the meadow I thought was the best.
I dug up the ground sowed all my seeds
Said a small prayer for strong, healthy weeds.
I watered at night with a five-gallon pail
Mosquitoes went hungry for I wore a veil.
Seven months went by; I thought I would die
Till the Halloween moon was high in the sky.
At night I went out, in a camouflage suit
Used my corn knife to chop down the loot.
I hung it up to dry where it couldn’t be found.
Came back and got it, when it had turned brown.
I trimmed off the buds, stuffed them in bags
Called all my friends and passed out free drags.
In less than a week my crop was gone
I flew to St. Thomas with a love hungry blonde!!
By Kansas City Poet Tom Zart
Google = Most Published Poet On The Web
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Vishnu Surendran
April 17, 2022 at 8:00 pm
Not a fan of Musk .
Kevin Lipps
April 17, 2022 at 8:06 pm
If Elon doesn’t buy Twitter, the chances are it will die off, or continue loosing credibility as it is now
Kevin Lipps
April 17, 2022 at 8:07 pm
There’s much better investments than Twitter, so profit alone isn’t the biggest motive.
Graham Taylor
April 17, 2022 at 8:34 pm
There wasn’t an “agreement” for Musk to join the Twitter board. The board made Musk an offer to join, with a set of conditions. Musk declined their offer.
SDRON2996
April 17, 2022 at 11:34 pm
I think he is trying to check his every ex girlfriend/wife account messages inbox lol
L13
April 18, 2022 at 4:11 am
43 Billion dollars… How many people could be lifted out of poverty with that..
poular nulag
April 18, 2022 at 4:14 am
I got for Twitter free
Max
April 18, 2022 at 7:02 am
They better let Musk buy that crap or he is gonna go out there and make one of its own…
Kelgoran
April 18, 2022 at 10:47 am
They forgot to say that one of the biggest board members that rejected his offer was a Saudi Prince and that the Saudi Prince has been criticized for not supporting free speech. Otherwise, this seems to be a fair assessment.
Kriph Hokom
April 18, 2022 at 10:52 pm
Loll no one can do anything to Saudi Prince
zolboo bayaraa
April 18, 2022 at 10:57 am
My man shorted twitter for sure. Some will understand it.
Dylan Robinson
April 18, 2022 at 11:22 am
He could build two ITER reactors with that money.
1337fraggzb00N
April 18, 2022 at 12:01 pm
Hey, what about the people who said:”It’s a private company, they can do whatever they want!” when people complained about censorship? Now a private man wants to buy a private company – must be totally fine according to what many said, right?
Donald Harlan
April 18, 2022 at 4:20 pm
🤖Definitely NO to selling Twitter back, to the next Elon Musk. 👥 The first Elon Musk had 10%. He has sold Twitter to himself 4x times already. Each time his control is – .2%. 🙄 Don’t let Elon Musk gather more money illegally, he just uses it to commit more ‘stock market fraud.’ 🛍 Elon Musk has an ‘alternate data set’ for the entire USA, starting in 2013.🛒Everything regarding Elon Musk is a counterfeit.🪙My Directive: is that Elon Musk, must make a statement, in every court appearance, “that in respect to the Elon Musk public personage, he is a counterfeit and forgery.” 🎠🧾
Josh Matthew Maliñana
April 18, 2022 at 5:31 pm
Musk should also buy Facebook/Instagram, because there’s a gossip that Mark Zuckerberg sells the data of Facebook Users to dark web, which is threatening to all users around the web, due to information leakage or the Meta Company HAHAHA
E J
April 18, 2022 at 9:42 pm
The world deserves Free Speech, but Saudi Arabia wants no part of that. Mainstream media sides with the Saudi government? Ironic!
William W
April 18, 2022 at 11:43 pm
Twitter is not good for your mental health. I recommend leaving it.
Stephen Bell
April 19, 2022 at 1:56 am
Dear Elon, You already run four companies, all of which are doing great things. Why spend your very precious time thinking about Twitter. Keep your eye on what is important.
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April 19, 2022 at 8:24 am
His baldness protection drugs clashed with the research chemical the moron has been taking for decades.
Ghulam Mustafa
April 19, 2022 at 5:24 pm
Elon I think u should donate alll ur money to poor people