Well, it happened, Elon Musk actually bought Twitter.
The deal will be finalized today, reportedly.
The purchase price was $44 billion, and Twitter will go back to being a private company.
CNBC reported that Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday.
The stock closed up 5.64% for the day after it was halted for the news.
“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 a statement included in the press release announcing the $44 billion deal. “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.”
The cash deal at $54.20 per share is valued around $44 billion, according to the press release. Twitter will become a private company once the deal is complete.
The left is having an absolute meltdown over this.
Most are vowing to delete the app and never come back.
I haven’t seen a meltdown like this since President Trump won back in 2016.
And speaking of Trump, one amazing MAGA supporter, Scott Presler really summed up the leftist meltdown perfectly with his hilarious tweet.
As you know, Elon Musk hails from South Africa… the tweet was so darn funny, I just had to share it with you.
Here’s what Scott said: “Democrats haven’t been this mad about an African fighting for freedom since they started the KKK.”
Democrats haven’t been this mad about an African fighting for freedom since they started the KKK.
— #ThePersistence (@ScottPresler) April 25, 2022
SPOT ON, SCOTT!
What a great line, and it’s true, to boot!
It should be interesting watching how everything unfolds with Elon at the helm.
We’re told that he will restore a “free” algorithm, that way nothing is suppressed, which is a huge step forward.
Let’s hope he reinstates President Trump’s account, that way Trump can decide what he wants to do with it.
This is a great victory for free speech and freedom.
Thank you, Elon Musk!
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