Elon Musk’s offer to purchase Twitter

Elon+Musk%E2%80%99s+offer+to+purchase+Twitter

On April 25th, a Twitter press release announced at 2:50 pm ET that Elon Musk was interested in buying the app for approximately $44 billion.

Musk—a highly publicized figure renowned for his successful business endeavors through SpaceX, PayPal, and Tesla— has only been heavily involved in the aerospace, technology, and transportation industry. Therefore, it is no wonder why many were shocked to hear when Musk wanted to become Twitter’s next CEO.

“It was so out of the blue,” Taejoo Lee (11), Twitter user, said. “I always knew that there would be a time when Twitter would be taken over by another person, but never in a million years did I ever think it would be Musk.”  

This communication platform is the most single most interactive app used to stimulate social, environmental, and political discussions. Through this app, users are able to engage in multiple public forums, encouraging many to develop openness and accountability in communications. 

“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,” tweeted Musk. “This is the reason why I wish to call for further relaxation of content redirections and eradication of fake accounts.” 

“I know Twitter is quite influential in swaying the public’s opinions on presidential debates and climate change, so I’m interested in seeing what future changes Elon would push to make.” Nancy Koo (11), Twitter user, said. 

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

However, a week after this announcement, Twitter’s legal team publicly accused Musk of violating a nondisclosure agreement by revealing how the sample size for the social media platform’s checks on automated users was 100. This is currently preventing him from officially signing his last agreements to officially purchase Twitter.