Twitter Really Wants to Be Bought, Elon's Deal Get Serious

Twitter Really Wants to Be Bought, Elon’s Deal Get Serious

It looks like Tesla CEO Elon Musk is nearing his deal to buy Twitter and there has been growing interest from the board to have the social media company bought.

Early this morning, Twitter’s 11 member board convened to further discuss Elon’s offer since the 50-year-old had lined up $46.5 billion financing to buy the social media platform which his bid was actually a serious one.

His financing is backed by investment bank Morgan Stanley($13 billion debt financing), loans against his Tesla stock($12.5 billion) and equity financing($ 21 billion).

Twitter’s board has grown receptive to his proposal even after pulling a poison pill move over a $43 billion hostile takeover. Wall Street analysts are expecting that Twitter wants to sell at a minimum of $60 a share.

Elon Musk has said that Twitter has “extra-ordinary potential” and that he will “unlock it”

Here are the best reactions:

Let's just put Twitter up on a special episode of Shark Tank and be done with this nonsense already.
— Ari Cohn (@AriCohn) April 25, 2022

He’s outside his next discrimination case and wants to buy the major outlet where folks have reported his malfeasance .. after Barack Obamas misinfo btalj did rocks

And pro union activity has been using Twitter

But hey y’all made sure no one that Black people mattered https://t.co/tfqwIGsB2V
— 🗽Sydette Cosmic Dreaded Gorgon Clydesdale🇬🇾 (@Blackamazon) April 24, 2022

So I guess we really are gonna just destroy Twitter to appease the whims of some billionaire manchild. https://t.co/9FZKNPfMMm
— Ashton Pittman (@ashtonpittman) April 25, 2022

well, it’s been a terrible time twitter. see u all on tumblr https://t.co/kA84lZGnoo
— Srushti Gangdev (@SrushtiGangdev) April 24, 2022

I can't wait to see what steps up to become the new Twitter if/when this happens. Because Twitter will be done. Following right in the footsteps of Vine.

That said, I wouldn't pass up $46.5 billion dollars either. https://t.co/5WjxRHi0wc
— Cheryl Lynn Eaton (@cheryllynneaton) April 24, 2022

Twitter belongs in the commons. Not in one man’s hands. You’ll find me elsewhere if this comes to pass. https://t.co/BTuWDRxxwW
— Karoli 💙 (@Karoli) April 24, 2022

https://twitter.com/taylorlorenz/status/1518465434504228864

If you plan to leave Twitter in case the deal goes through, how committed will you be about it? https://t.co/wY5X0ihvrn
— Jane Manchun Wong (@wongmjane) April 24, 2022

well I guess we're all moving to ello.

or what was that other Twitter Of The Left everybody joined for two days a few years ago?
— Alan (@alan_maguire) April 5, 2022