Elon Musk has successfully purchased Twitter for $44 billion with the intent of unlocking its free speech potential. Rather than celebrating the free market and capitalism for a transaction that may preserve free speech, many on the Left had a total meltdown, from MSNBC to CNN to The View, who paint Musk to be the…
How Elon Musk Beat the Odds to Seize Twitter from Free Speech Censors
With migrant encounters at the southern border up 550 percent since March 2020, you would think the Department of Homeland Security would be directing its resources toward stopping illegal immigration. Instead, it says it’s honing in on so-called “disinformation.” Why are conservative commentators saying that this announcement has an unsettlingly “Orwellian” feel to it? Where…
What Elon Musk’s Twitter Deal Says About His Wealth
Elon Musk has finalized a deal to buy social media platform Twitter Inc. with a financing plan that includes commitments from bankers and himself. What Happened The U.S. tax code could be working hand in glove with Tesla Inc. CEO Musk in tallying up the deal amount, Bloomberg said in a report. The Tesla CEO has…
Why Is Twitter Stock So Far From Elon Musk’s Takeover Price?
We all know Elon Musk’s offer to purchase Twitter Inc. for all cash has been accepted by the board. Before it was made public that Musk had an interest in the company, the stock was languishing at the $40 area. When Musk originally purchased shares of Twitter and investors speculated that he may attempt to buy it,…
Federal Government Wins Big From Twitter Sale
Commentary Elon Musk is the best thing to happen to the U.S. Treasury since the 16th Amendment to the Constitution was passed in 1913. The 16th Amendment allowed the imposition of an income tax. The totality of Musk’s 2021 and 2022 business decisions in exercising his non-qualified stock options at Tesla, selling his newly issued…
Senate Democrats Consider Calling on Elon Musk to Testify About Plans for Twitter, Content Moderation
Some Democrats in the Senate are considering calling on Elon Musk to testify in Congress about his purchase of Twitter. The lawmakers did not indicate they were concerned about the legality of the purchase, but rather about Musk’s intention to loosen content moderation in light of the billionaire’s recent comments about the importance of free…
Elon Musk Says Democratic Party Has Been ‘Hijacked by Extremists’
Elon Musk drew criticism from left-wing Twitter users after he posted that the Democrat Party has been “hijacked by extremists.” On Thursday, Musk posted a meme image that showed a timeline from 2008 to 2021. The picture showed both conservatives and liberals were near the center of the political spectrum, with Musk depicting himself slightly…
UK Online Safety Bill Could ‘Drive More People Into The Dark Web’
Critics of Britain’s new Online Safety Bill say they fear it will erode freedom of speech and could push more people into seeking alternatives on the dark web. The Bill—which was last week given an unopposed second reading by British MPs—would force Google, Twitter, Meta (formerly Facebook), and others, to abide by a code of conduct, overseen…
Chart Wars: What to Watch on Tesla, Twitter Stocks as Elon Musk Digs In
Tesla, Inc and Twitter, Inc stocks have responded wildly differently since April 4, when a SEC filing revealed Elon Musk had purchased a 9.1 percent stake in the social media company, which within just three weeks resulted in a pending acquisition. Since the news of Musk’s stake in Twitter hit, Tesla has plunged about 19 percent whereas…
Elon Musk Sells $4 Billion Tesla Shares After Agreeing to Purchase Twitter, Says ‘No More Sales Planned’
Elon Musk sold nearly $4 billion worth of Tesla shares this week, just days after the billionaire agreed to purchase Twitter for $44 billion, according to filings with the Securities and Exchange Commission. According to the filings, the CEO offloaded about 4.4 million shares of the electric vehicle company for about $3.9 billion, with the majority of the…
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