News/Commentary

Musk has doubts about Twitter deal, hints at plan B: ‘I’m not sure that I will actually be able to acquire it’

April 15, 2022 | | Print Article

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On an eventful day that began with the news that billionaire Elon Musk made a stunning offer to buy Twitter, a move that many were hoping for after he acquired enough stock to make him the social media giant’s largest shareholder, a bombshell that dropped while much of San Francisco, where the company is headquartered was still soundly asleep in bed.

Thursday’s news sent leftists into panic mode, fearing that the days of the platform’s censorship which is critical to their retention of political and social power could soon come to an end with desperate efforts to thwart the $43 billion takeover by any means necessary, as rumors swirled that Twitter could “poison pill” their own company rather than see it fall into the hands of Musk, an outspoken advocate of free speech.

The Tesla/SpaceX CEO may have put a damper on the possibility that he could obtain Twitter, walking back outsized expectations from many that he could be the proverbial white knight in shining armor who would restore the digital “public square” to the actual people, especially to all of the conservatives who have been banned from the platform including former President Donald J. Trump.

During his appearance at TED 2022 in Vancouver, Musk talked about his effort to save Twitter from itself.

“I’m not sure that I will actually be able to acquire it…I could technically afford it,” he said at the conference. “But this is not a sort of way to make money… I don’t care about the economics at all.”

To say that the leftist meltdown over the idea that a new sheriff in town was one of epic proportions would be the understatement of the year with authoritarian reactionaries wailing in outrage, including Washington Post columnist Max Boot who whined that he is “frightened” that free speech could return to Twitter under Musk, invoking the idiotic talking point that “democracy” will be doomed if the “public-private partnership” is no longer allowed to do an end-around the Constitution.

But the real weeping and gnashing of teeth was among Twitter staffers whose emotions spilled across the microblogging platform.

However, one prominent tech industry insider, Joe Toscano, a former Google consultant who was featured in the eye-opening Netflix documentary “The Social Dilemma,” suggested that many could actually be pulling for Musk to restore adult leadership to the company.

“I would bet there’s a good chunk of them that are super excited about it, because there’s probably a lot of them that have cool ideas for the platform but haven’t been able to do anything because of the stagnant leadership that Twitter currently has.” Toscano told Fox News Digital.

“So, I think there’s probably a lot of them that are excited, but I’m sure there’s also a large chunk of them who are scared because Elon Musk, all due respect to his work, represents a radical leader and could dramatically change their operation,” he added.

Musk was very active on Twitter as he fought back against those who are digging in to protect Twitter as it currently exists, including a jab at Saudi Prince Alwaleed bin Talal, a major shareholder who rejected his offer in a Thursday tweet.

“Interesting. Just two questions, if I may,” wrote the billionaire entrepreneur. “How much of Twitter does the Kingdom own, directly & indirectly?”

“What are the Kingdom’s views on journalistic freedom of speech?” Musk asked in a stinging smackdown of the House of Saud and its horrific human rights record which is right up there with that of communist China.

Musk also came off the top rope to body slam Twitter which convened a staff meeting amidst reports that his ownership bid would be nixed by the company.

“If the current Twitter board takes actions contrary to shareholder interests, they would be breaching their fiduciary duty,” he wrote. “The liability they would thereby assume would be titanic in scale.”

Establishment efforts to protect Twitter’s ability to control the narrative by defeating Musk’s takeover will be ferocious but the fact that he is too rich and too big to cancel could make for a bloody battle with the future of freedom of speech at stake.

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10 thoughts on “Musk has doubts about Twitter deal, hints at plan B: ‘I’m not sure that I will actually be able to acquire it’”

  1. Elon Musk didn’t really want Twitter. He tested and exposed Twitter’s weaknesses (his intent I’m sure) for everyone to see, (i.e., SA first to shutdown Elon’s offer), shows one of the top members of the fear chain formed against Elon.

    Twitter should not be based in the USA. Leave California Twitter and Facebook. It is an internal tyranny of Social Media giants loyal only to anti American values and anti the Constitution, no loyalty to God at all (doesn’t recognize God and consequently, sovereign rights), and totally against the American people, the Family unit… .

  2. Elon has already taken the knee once to the SEC, referring to them as bastards, And of course, the DOJ would be after him, they cannot have people posting about Hunter’s gun, laptop, money laundering, etc. I suspect plan B might bankrupt the Twits, and then start his own platform. FB too, is going down the tubes……

  3. If Musk is blocked from buying Twitter, and he dumps his entire holdings in one shot, it would come very close t bankrupting Twitter. The losses incurred by stockholders woud amount to, literally $billions, and the lawsuits against the board and shareholders who blocked the sale will be epic. Musk wins either way. FJB

    1. Those were my thoughts. He exposes them =or who they are either way.

      As =or his investments, he should acquire CNN and turn that on its ear. Watching all those smug jerks have to walk away =rom their cushy jobs where they spend the day lying to the people would be epic.

  4. Amazing isn’t it?…in today’s ClownWorld that the obvious goodness of unfettered free speech to allow “opposing” views to be expressed….has caused such backlash? I am old enough to remember this phrase when USA was still a free democratic society–> “I may not agree with what you say, but will fight to the death your RIGHT to say it“. In today’s world, it has changed to the woke, liberal/left saying…. “You BETTER believe what I say you should believe, or be destroyed”. Quite a change……

  6. Well, if he could buy most of it soon, he could probably muscle the House of Saud and any remaining squatters out in a few more months, or maybe a year or two. And even if he didn’t, if he had most of it and kept hold of it, that should still be a huge win for freedom of speech on the platform. On the other hand, making the rules clearer, and being more consistent about them, those would’ve been great, too!

  7. I guarantee you the devil is in a panic over this, too, and will exert all of his evil influence to prevent Musk’s takeover. There’s already talk of the doj launching investigations into Musk’s other businesses in hopes of finding something to use against him.

    1. Revealing the weaponization of the US government against citizens has value as well.

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