Can Elon Musk save Twitter?
Can Elon Musk save Twitter? “I made an offer,” tweeted Elon Musk this morning, with a link to an SEC filing. The document details Musk’s bid to buy Twitter. In an accompanying letter to the company’s chairman, Musk gave his reasons: I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result I am offering to buy 100% of Twitter for $54.