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Elon Musk spent $4 billion on Twitter shares and then declined a seat on the board. So what's going on?

[abc.net.au]

xenoview 8 Apr 14
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5 comments

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0

I remember the first time I heard of Twitter. Oh, it must be something twits use, I remember thinking.

How right I was.

0

As a South African, some speculate that he has a secret fondness for Trump and his white supremacy. I still hope it isn't so, but his behavior is ugly. In any case, his obsession with Mars is idiotic.

0

Ambition and Greed fucked this guy! I won't be surprised if one day he going to run for the presidency! 😀

Diaco Level 7 Apr 14, 2022

He was born in South Africa.

@Tejas Good! thanks god! 😀

2

He posted a hostile takeover bid today. Company bylaws stipulates that no board member can own more than 9% of shares, hence his refusal to sit on the board. Today he offer $54/share for 100% of shares and plans to make Twitter his private propaganda machine.

Yep.

1

He is trying to buy all of it now

Tejas Level 8 Apr 14, 2022
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