He made them an offer they couldn't refuse 👀
Twitter has accepted Elon Musk's offer to purchase the company, and users are already buzzing about what the future will look like — and whether they want to be a part of it.
"I hope that even my worst critics remain on Twitter," the billionaire tweeted on Monday after news of the deal leaked. "That is what free speech means."
I hope that even my worst critics remain on Twitter, because that is what free speech means— Elon Musk (@Elon Musk) 1650903150
On Monday, the company's board accepted Musk's offer to take Twitter private in a deal that's worth about $44 billion.
"The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing," Bret Taylor, Twitter's independent board chair, said in a news release announcing the deal. "The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders."
Musk is expected to make some major changes to the platform, although his promises have been all over the place. He's floated the idea of adding an edit button, promised to protect free speech and — jokingly — suggested renaming the platform "Titter."
"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," Musk said in the release.
Musk offered to buy the social media company earlier this month for $54.20 a share.
The world's richest man described it as a generous offer that the board's shareholders will "love."
Just days before making the offer, Musk had purchased a 9.2% stake in Twitter, making him the biggest shareholder of the company. However, he realized early on that that wasn't going to be enough to make the changes he wanted to see.
Among those changes is his promise to "defeat the spam bots, or die trying." He also said he wants to "authenticate all real humans."
If our twitter bid succeeds, we will defeat the spam bots or die trying!— Elon Musk (@Elon Musk) 1650567235
In his offer letter, Musk said that "Twitter has extraordinary potential" and he wants to "unlock it" by buying the company and making it private.
Users started losing it on Monday morning when news first leaked that Twitter was going to accept the deal.
Some users have expressed their intent to leave Twitter permanently and delete their accounts, with many using the hashtag "#RIPTwitter."
It's been nice chatting with all of you but if he takes over, I'm deleting my account.— Daniel! Ray \ud83c\udff3\ufe0f\u200d\ud83c\udf08 \ud83c\udf3b (@Daniel! Ray \ud83c\udff3\ufe0f\u200d\ud83c\udf08 \ud83c\udf3b) 1650887626
Some have also been predicting a "mass exodus from Twitter" if Musk takes over.
However, not everyone is against the deal. Some are eager to see the billionaire purge the platform of bots and promote "FREEDOM of SPEECH," as one popular tweet put it.
ELON MUSK is a Capitalist. He is buying Twitter to set our FREEDOM of SPEECH free from the rats, rodents, and reptiles hiding in Twitters WOKE Corporate Culture. I love capitalism. I love freedom. I love Elon.— therealkiyosaki (@therealkiyosaki) 1650408885
There's also one big question that many people are asking about the whole situation: Will Elon Musk let Donald Trump come back?
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