Posted on April 25, 2022

Twitter to Be Sold to Elon Musk

Allum Bokhari, Breitbart, April 25, 2022

After a two-week battle against opposition from the platform’s board members, self-declared free speech absolutist Elon Musk, the CEO of Tesla and SpaceX and currently the richest man in the world, has succeeded in his bid to buy Twitter.

In a press release, the Twitter board announced that they had reached an agreement with the multi-billionaire to sell 100 percent of the company at Musk’s original price of $54.20 per share.

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His highly publicized campaign to take the company private kicked off twelve days ago, when he offered to buy 100 percent of the publicly-traded company.

The prospect of a self-declared “free speech absolutist” taking over the company has led to outrage from the platform’s progressive users, as well as the Jeff Bezos-owned Washington Post.

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In his acquisition offer to Twitter, disclosed to the SEC, Musk unambiguously stated that the goal behind his purchase was the restoration of free speech on the platform.

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The Tesla and SpaceX CEO reiterated his motivations in a comment accompanying the announcement of the sale.

“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,” said Musk.

“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. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”