At 4:53 pm, Musk tweeted, “I made an offer” and attached his letter to Twitter Chairman Bret Taylor. “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”
“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it,” he added.
I made an offer https://t.co/VvreuPMeLu
— Elon Musk (@elonmusk) April 14, 2022
The news left netizens shocked and memes flooded the micro-blogging platform. While some users were delighted with Musk’s decision and viewed it as an impetus for free speech, some others were curious about the Twitter board members’ situation.
This is honestly the best thing that could happen to Twitter & to its users. Elon is an avid supporter of free speech & he truly believes that a lot of major improvements are possible for Twitter.
— Pranay Pathole (@PPathole) April 14, 2022
A man willing to spend $41,000,000,000 for free speech is a good man that I can admire.
— Dr. Willie J. Montague (@RepMontague) April 14, 2022
https://t.co/C9Xbn706B2
— That Doge Girl (aka Sara) (@thatdogegirl) April 14, 2022
Whole world knows it. pic.twitter.com/LNzadVncvH
— RAGNAR (@SimplySHAZAM) April 14, 2022
Elon Musk Offer 100% of twitter and is willing to pay $54.20 a share
Twitter Employees:#ElonMusk #ElonMuskTwitter pic.twitter.com/ycAsN59LNa
— Patel Meet (@mn_google) April 14, 2022
#ElonMuskTwitter@elonmusk offers to buy Twitter for $54.20 a share, so it can be ‘transformed as private company.’
Well played 😂😂😂Twitter – 000
Elon – 100 pic.twitter.com/Xw4xreD56i— ÑEÃL ⛄ (@BilluPsycho) April 14, 2022
Elon makes Twitter more fun😆#ElonMuskTwitter #SpaceX https://t.co/HdKLXmcWZs
— IDOMETA (@ido_meta) April 14, 2022
Elon Musk Whole mood !!#ElonMuskTwitter pic.twitter.com/qHpFnnJ5Bc
— Ashish Singh (@Ashishknows) April 14, 2022
@elonmusk today 🤣🤣🤣 pic.twitter.com/CRlHN8Im8f
— CRYPTO₿IRB (@crypto_birb) April 14, 2022
Twitter: Please stop buying our stock and attempting to make us adhere to principles of free speech.
Elon: pic.twitter.com/O0r7ionh45
— Joe Pompliano (@JoePompliano) April 14, 2022
— teflon_musk (@MuskTeflon) April 14, 2022
This deleted tweet now makes perfect sense pic.twitter.com/4MUr5mL6Zs
— Gummi Bear (@gummibear737) April 14, 2022
— J (@jaynildave) April 14, 2022
— Wall Street Memes (@wallstmemes) April 14, 2022
Musk was to join the Twitter board. However, Twitter CEO Parag Agrawal Monday announced that Musk has “decided not to join our board of directors”.
Before that, Musk made suggestions for a slew of changes including adding an edit button, altering Twitter Blue premium subscription services, removing the letter ‘w’ from Twitter, and converting the company headquarters in San Francisco to a homeless shelter. Even before disclosing his 9.2 per cent stake in Twitter, Musk had tweeted that he was planning to create a new social media platform.
