Loading ...Elon Musk is no longer the largest shareholder in Twitter after asset manager Vanguard Group increased its stake to overtake him
The elites are clearly panicking. Their reaction to a Twitter buyout offer submitted by billionaire Elon Musk — a tech outsider in much the same way that Trump was a political outsider — has been a revelation. And not in a good way.
https://thekylebecker.substack.com/p/elon-musk-teases-plan-b-for-hostile?s=r
“Twitter has become kind of the de facto town square,” Musk said. “So it’s really important that people have both the reality and the perception that they’re able to speak freely… so there’s no sort of behind-the-scenes manipulation, either algorithmically or manually.”
“My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization,” Musk continued. “I don’t care about the economics at all.”
“I’m absolutely obsessed with truth,” Musk added.
“A good sign as to whether there is free speech: is someone you don’t like allowed to say something you don’t like?” he said on Thursday. “If that is the case, then we have free speech.”
Well Duh ! Somebody actually said it out loud
That was always the definition of Free Speech when I was growing up
Pass the popcorn
What IF Musk Knows He cant get Twitter …and he is doing this to Expose them for what they are …a Tool for the Deep State WEC etc
His 80 Million Followers and 10 times that many who are following this story are getting an education…Red Pilled !
Then he turns around and reveals he has developed a NEW Blockchain based Messaging System much more secure than the TWIT
He’d Kill the TWIT world wide
Twitter’s board is reportedly weighing a “poison pill” strategy to prevent Elon Musk from significantly increasing his stake in the company, the Wall Street Journal reported. This defensive strategy, also called a “shareholders rights plan,” complicates hostile takeovers and makes them more expensive for the buyer.
One “poison pill” strategy would allow existing shareholders to purchase additional shares at a discount, which would then effectively dilute the ownership stake of the hostile party.
However, Twitter’s board has a legal obligation to do what’s in the best interest of shareholders. If Twitter fails to do so, the company can be sued. After such a lawsuit, the stock will crash, and Twitter will be even more ripe for the hostile takeover. It’s a lose/lose proposition for Twitter.
Wow this could be the first time a Human shit on a Bird
🙂
I have to wonder if this wasn’t his plan all along. Vanguard is evil. Suck them into increasing their stake. Pull out. Sell all his shares. Watch Twatter implode and collapse, taking Vanguard money down with it. They, along with Meta, will NOT survive what’s coming.