The American billionaire as crazy as he was brilliant teased a few days ago his big plan to take over Jack Dorsey's social network. A new era for the Blue Bird?
This is the biggest purchase of social networks. In a press release published on Monday, April 25, Twitter announces that it will become a private company 100% owned by Elon Musk. “Freedom of expression is the foundation of a functioning democracy,” he says, “et Twitter is the digital public square where issues vital to the future of humanity are discussed. (…) I also want to make Twitter better than ever by improving the product with new features…
The Wall Street Journal reports that the CEO of Tesla and Space and his teams met last Sunday with those of Twitter to discuss his offer. According to Bloomberg magazine, the two parties were in “the final stretch of negotiations” for a sale at the astronomical price. Twitter was finalizing the terms of the transaction today. Its CEO, Parag Agrawal also welcomes this acquisition and its “impact on the whole world“. And how to deny it! Twitter is a network whose influence is no longer to be defended. The price of the agreement bears witness to this: 44 billion dollars.
MORE: Twitter is in the final stretch of negotiations about a $43 billion sale to Elon Musk that could rank as one of the biggest-ever internet acquisitions
— Bloomberg (@business) April 25, 2022
The end of a hunt.
Despite the polemics and other controversies, Elon Musk has never hidden his attraction to Twitter . A love/hate relationship that culminates before our eyes with this acquisition. After a gradual redemption of the group's shares, he now sees the culmination of a conquest begun over several months. The conclusion of a game of hide and seek with the other shareholders who wanted to thwart his immense offer, in vain. What else does the whimsical billionaire have in store for us after this big gamble? Will it affect the freedom of expression dear to the media?