As we reported earlier, Twitter has just announced in a press release that “it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion.”
“Upon completion of the transaction,” they wrote, “Twitter will become a privately held company.”
The news comes after several weeks of a very public back and forth between Musk and the popular social media platform, starting when he brought enough shares to become the largest shareholder in Twitter, him being appointed to the board of directors a couple of days later and then backing out of it, him then making the mega-billion dollar offer shortly thereafter, Twitter invoking the “poison pill” in an effort to stop him, and now this.
Not surprisingly, Twitter leftists are now more fauxtraged than they ever have been over the possibility that Musk will take full ownership of Twitter, and now that the deal appears to be just about done, the wailing and gnashing of teeth has commenced accordingly, with CNN’s media hall monitor Brian Stelter, woke NBC News “reporter” Ben Collins, and failed 2004 Democrat candidate for president Howard Dean all among those going all stompy feet in response:
Stelter on Elon Musk buying Twitter: "If you get invited to something where there are no rules, where there is total freedom for everybody, do you actually want to go to that party or are you going to decide to stay home?" pic.twitter.com/rhSmF04OUk
— Washington Free Beacon (@FreeBeacon) April 25, 2022
There are plenty of models for where this site is likely headed. I'm on those sites all day. I cover extremism and lies for a living. You're not gonna like it.
— Ben Collins (@oneunderscore__) April 25, 2022
Hi Twitterverse. Many thanks for the knowledge and sharing over the past ten years or so. If Musk takes over Twitter I will be off within a few hours. Might be just as well for my well being but I’ve learned a lot of valuable stuff from many of you.Thank you all. Howard
— Howard Dean (@GovHowardDean) April 25, 2022
When oligarchs talk about freedom, beware.
For Jeff Bezos, it means his freedom to set prices.
For Jamie Dimon, it means his freedom to consolidate the banking industry.
For Elon Musk, it means his freedom to set the terms of political debate.
Don't get it confused.
— Robert Reich (@RBReich) April 25, 2022
So, 200 million of us just send our complaints/issues to Elon Musk every day now? Such a relief to have one person to deal with for all that.
— Ron Filipkowski 🇺🇦 (@RonFilipkowski) April 25, 2022
If Elon Musk really cares about freedom, he should spend his $46 billion helping Ukraine defeat Putin and Russia, rather than buying Twitter.
— Tristan Snell (@TristanSnell) April 25, 2022
Elon Musk is such a big believer in democracy that he’s seized a communications platform and intends to reshape it according to his personal whims.
— Paris Marx (@parismarx) April 25, 2022
How to deactivate your Twitter account https://t.co/KVLIDkfWBg pic.twitter.com/IWg3Oh1BJp
— The Verge (@verge) April 25, 2022
Calls for Musk to lift the ban on former President Donald Trump are among the requests being thrown out there from the conservative side of Twitter, with others urging Musk to, among other things, undo the suspensions on popular right-wing Twitter accounts like The Babylon Bee, which hasn’t been allowed to tweet since mid-March because they won’t delete a tweet to a story they wrote about how they picked transgender woman Rachel Levine — the U.S. Assistant Secretary for Health — as their “Man of the Year” after the USA Today declared Levine one of their “Women of the Year.”
In early April, Babylon Bee CEO Seth Dillon said on his Twitter feed that Musk “reached out to us before he polled his followers about Twitter’s commitment to free speech. He wanted to confirm that we had, in fact, been suspended. He even mused on that call that he might need to buy Twitter. Now he’s the largest shareholder and has a seat on the board.”
And maybe owner, too, assuming the reported deal goes through. As always, stay tuned.
Related: Substack Takes Delicious Swipe at Panicked Twitter Employees Who Are Fretting About Elon Musk
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