Category: Elon Musk

Elon Musk Says Censorship on Twitter Poses ‘Civilizational Risk’

Billionaire tech mogul Elon Musk said Thursday the reason he’s trying to buy Twitter is not to make money but to turn it into a bastion of free speech and reduce the “civilizational risk” to freedom and democracy from excessive and opaque restrictions on expression. Speaking at a TED event in Vancouver, Canada, on April 14,…


Trump Says He Probably Won’t Tweet Again Even If Musk Buys Twitter and Reinstates His Account

Former president Donald Trump said Thursday he likely wouldn’t return to Twitter if Elon Musk bought the platform and reinstated his account. Trump made the remarks in an interview with Sirius XM’s “Americano Media” hours after Musk made an offer to buy Twitter for around $43 billion in cash, with the Tesla CEO saying he…


Twitter Reportedly Mulls ‘Poison Pill’ Tactic to Foil Musk Takeover Bid

Twitter is reportedly considering a so-called “poison pill” tactic to thwart Elon Musk’s effort to buy out the social media platform, sources say. Cameron Winklevoss, founder of the Gemini cryptocurrency exchange, said in a tweet that “Twitter is considering a poison pill to thwart @elonmusk’s offer,” while two anonymous sources told The New York Times…


Musk Responds to Reports Twitter Mulling ‘Poison Pill’ Tactic to Foil His Takeover Bid

Twitter is reportedly considering a so-called “poison pill” tactic to thwart Elon Musk’s effort to buy out the social media platform, prompting a critical response from the Tesla chief. Cameron Winklevoss, founder of the Gemini cryptocurrency exchange, said in a tweet that “Twitter is considering a poison pill to thwart @elonmusk’s offer,” while two anonymous…


Elon Musk Says He Has a ‘Plan B’ If Twitter Takeover Bid Unsuccessful

Tesla CEO Elon Musk has hinted at a backup plan if his bid to take over Twitter fails. Speaking at a TED event in Vancouver on Thursday, the billionaire entrepreneur said: “I am not sure that I will actually be able to acquire it.” While Musk has said his $54.20-per-share offer is his “best and final” one,…


Elon Musk Hints Says He Has a ‘Plan B’ If Twitter Takeover Bid Unsuccessful

Tesla CEO Elon Musk has hinted at a backup plan if his bid to take over Twitter fails. Speaking at a TED event in Vancouver on Thursday, the billionaire entrepreneur said: “I am not sure that I will actually be able to acquire it.” While Musk has said his $54.20-per-share offer is his “best and final” one,…


Tesla’s Musk Raised Billions Ahead of Twitter Bid

Elon Musk wants to buy Twitter Inc for $43 billion in cash, and the $16.4 billion he netted from sales of Tesla Inc shares last year could help. “Musk could look to fund the transaction, if approved, through a combination of debt financing and potentially Tesla shares,” CFRA Research analyst Angelo Zino said. “Given the…


Does the ‘Future of Civilization’ Depend on Twitter? Here’s What Elon Musk Says

Tesla Inc. CEO Elon Musk disclosed a 9.2 percent stake in Twitter Inc. at the beginning of the month. Now the billionaire aims to purchase the whole company. Some have speculated that Musk’s offer could be trivial following a series of questionable Twitter polls and suggestions about the direction in which Twitter should head. Musk put those speculations to rest Thursday during an…


Elon Musk’s Twitter ‘Soap Opera’ Will End in a Takeover: Dan Ives

Tesla, Inc. CEO Elon Musk sprang a surprise early Thursday by disclosing in an amended filing that he is making an offer to Twitter, Inc.’s board to take the company private. The Tesla Analyst Wedbush analyst Daniel Ives maintained an Overweight rating and $1,400 price target for Tesla shares. The Tesla Takeaways: Musk’s $54.20 per…


Capitol Report (April 14): Musk Makes Offer to Buy Twitter

With inflation at a 40-year high, President Joe Biden was in North Carolina trying to reassure Americans he’s doing something about it. We’ll take a look at his plan of action. The Chinese Communist Party disrupted the global economy when they mishandled the CCP (Chinese Communist Party) virus, allowing it to spread around the world. How is…