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    Home»Nerd Culture»Twitter Agrees to Elon Musk Acquisition Offer of $44 Billion
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    Twitter Agrees to Elon Musk Acquisition Offer of $44 Billion

    Heath AndrewsBy Heath AndrewsApril 25, 2022Updated:May 13, 20222 Mins Read
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    Well, it’s official- Elon Musk has reached an agreement with Twitter to purchase the social media company for $44 billion. The news of the purchase comes after several days of headlines that ranged from the deal potentially happening, to the board of executives contemplating a “Poison Pill” defensive strategy. Ultimately the tides turned quickly in Musk’s favor, after he had brought together a finance package offering $52.40 per share.

    https://youtu.be/zIwLWfaAg-8

    What was behind Musk’s purchase of the social media platform? The billionaire CEO of Tesla has made a large presence for himself on the site and has expressed concerns over what he considers to be “free speech” on it. Musk believes that in order to ensure the platform follows along those line, it has to be privately owned as opposed to publicly. With the prospect of Musk being in control of the company itself, ultimately he would be able to set the policies and terms and conditions going forward.

    What this ultimately means for Twitter is too soon to tell. Firstly, even agreed upon deals can still fall through before they’re officially approved and closed. Second, what Musk considers to be, “free speech” could very much differ from what others believe it to be. Prior to the official announcement of the sale, Musk tweeted out:

    I hope that even my worst critics remain on Twitter, because that is what free speech means

    — Elon Musk (@elonmusk) April 25, 2022

    To his credit, that statement is very much true; criticism is a valid form of free speech. When it comes to things like deliberately spreading false information though about people and/or situations, then we’re entering into another territory where the word “free” doesn’t necessarily apply. This is where Musk’s critics are especially concerned.

    Many things are still up in the air as this is breaking news. Once more details emerge, we’ll provide updates.

    Author

    Heath Andrews
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    Heath Andrews

    Heath Andrews has been a student of pop culture ever since he found himself to be the only student in 3rd grade who regularly watched "Get Smart" on Nick-At-Nite. Ever since then he's been engrossed in way too much media with a growing collection of music, books, comics, TV on DVD box sets, and a video game collection that could rival a brick and mortar store. Prior to writing for Nerdbot he's written for Review You, MyAnimeList, and various advertising companies. Since 2016 he's run his own YouTube channel under the moniker of The Critical Android where he livestreams video games and uploads podcasts about pop culture and Frasier.

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