BOOM: Elon Musk Wants 100% of Twitter

There is no other news today, folks: Elon Musk just notified the SEC that he is making a “best and final offer” of $54.20 for all outstanding shares of the increasingly evil social media company Twitter:

Bloomberg @business

BREAKING: Elon Musk offers to buy Twitter for $54.20 per share in cash trib.al/SpQZ9Re

Here’s an excerpt from that story at Bloomberg:

Elon Musk has made a “best and final” offer to buy Twitter Inc., saying the company has extraordinary potential and he will unlock it.

The world’s richest person will offer $54.20 per share in cash, representing a 54% premium over the Jan. 28 closing price and a value of about $43 billion. The social media company’s shares soared 18%.

Musk, 50, announced the offer in a filing with the U.S. Securities and Exchange Commission on Thursday. The billionaire, who also controls Tesla Inc., first disclosed a stake of about 9% on April 4. Tesla shares fell about 1.5% in pre-market trading on the news. 

Musk can afford a takeover of Twitter. He’s currently worth about $260 billion according to the Bloomberg Billionaire’s Index, compared with Twitter’s market valuation of about $37 billion.

In a letter to Twitter’s board, Musk said he believes Twitter “will neither thrive nor serve [its free speech] societal imperative in its current form. Twitter needs to be transformed as a private company”

[End]

During my regular weekly hour with host Greg Budell on News/Talk 93.1 FM in Montgomery, AL yesterday, Greg asked me what I thought Musk’s intentions towards Twitter were now that he had refused to assume a seat on the company’s board of directors. I told him that I didn’t know, but I hoped it meant that Musk didn’t want to be limited to owning just 14.9% of Twitter - as the company’s by-laws require for board members - but wanted to buy the whole company and transform it into a proper element in American society that would promote freedom of speech instead of limiting it in such a heinously biased manner.

Well, now we know that Musk intends to do exactly that.

No one should underestimate the potential significance of this move by Musk to our overall societal direction where free speech is concerned. Twitter and the evil woke minions who infest its employee base have been among the main drivers of the destruction of free speech in America for more than a decade now, as they strive to censor all forms of speech that makes any woke nitwit uncomfortable, i.e., objective truth and conservative thought.

Those evil minions have more recently focused on banning accounts that poke devastating fun at the woke nitwit mob, like the Babylon Bee, which was banned in February, and just yesterday, the hilarious Libs of Tik-Tok account.

All Libs of Tik-Tok did was air actual, uncut Tik-Tok videos posted by insane woke morons. That’s what it did. For that, the account was banned Wednesday for “hateful conduct,” i.e., telling the objective truth by re-posting Tik-Tok videos first posted by woke morons.

You just cannot make that stuff up, folks. You can’t.

In his announcement, Musk also noted that, if his incredibly generous offer is not accepted by the company’s board of directors and management, “I would need to reconsider my entire position” in the social media giant’s stock. That is a thinly-veiled threat to conduct a fire sale of his 9.2% accumulated position in Twitter, an act that would crash the company’s market value.

Now we know what current CEO Parag Agrawal was talking about in his Monday morning letter to employees when he said that “there will be distractions ahead.”

Why yes, yes there will.

The coming days are going to be glorious as we will no doubt see a parade of reports of Twitter’s own woke nitwit employees throwing fits of panic and rage about the prospect of losing their mob-like no-show fantasy world jobs and having to actually attempt to make an honest living in the real world.

I can’t wait. Can you?

That is all.