On April 14, a document released by Bloomberg showed that Tesla CEO Musk may want to buy the social platform Twitter in cash, proposing to pay $54.20 (about 345.25 yuan) per share. Affected by this, Twitter's stock price rose 11%, but it is uncertain when Musk will complete the acquisition, and it is not good to manipulate the stock price.
Documents disclosed by the SEC show that Musk holds more than 70 million shares of Twitter stock, equivalent to 9.2% of the company's shares, and is Twitter's current largest shareholder. Twitter will appoint Musk as a board member, but Musk chose to launch it, saying that there is no privilege to join the board, and his account may still be restricted or banned.
Musk's desire to continue buying Twitter shares without joining the board will be subject to a maximum stake limit of 14.9 percent. In response, Musk responded that there is no plan to acquire more shares at present, but the future is difficult to say. Just when everyone thought that this matter was over, musk suddenly came out and said that he wanted to buy Twitter, and the ending was too surprising.
Musk's feud with Twitter is actually quite deep, and everyone knows that Musk is a surfer who often hangs out on the Twitter platform. But because he is too active, some speech is restricted or banned. At the same time, he is also extremely dissatisfied with various mechanisms on the Twitter platform, often posting articles criticizing Twitter and even soliciting renovation plans from fans.
Last week, Musk asked his 81 million followers if Twitter's corporate headquarters could be turned into a homeless home because almost no one went to work in the office. Earlier, he asked if he could remove the letter "w" from Twitter, which means "smirk," but the tweet has been deleted.
In addition, Musk also put forward a lot of renovation opinions, suggesting that paid users can pay with "Dogecoin", and members should not display advertising content. He also suggested that Twitter should add an editing feature, and officials listened to him and began testing the feature.
It can be seen that Musk has many dissatisfaction with the current Twitter, but the company is not his own, and there is no way to direct the work of Twitter, and joining the board of directors will also be silenced. Therefore, Musk decided to buy Twitter, see that it is not happy to buy it directly, become his own company can be transformed according to his own wishes. It can only be said that money can really do whatever you want.