Elon Musk Attempts Hostile Takeover of Twitter: Here’s How Users Reacted to His $43-Billion Offer

Elon Musk took the world without warning together with his proposal to purchase Twitter. The Tesla boss has provided to amass the social media platform for a whopping sum of $43 billion (roughly Rs. 3,28,080 crore) in an all-cash deal. Musk is one in all Twitter’s largest shareholder, with a stake of 9.2 p.c. Individuals have flooded the microblogging platform with reactions that vary from grave concern to humorous memes concerning the social media platform’s destiny. Musk’s supply of $54.20 (roughly Rs. 4,150) per share is a premium of 18 p.c as a result of Twitter’s shares closed at $45.85 (roughly Rs. 3,510) on April 13. And reactions at the moment are pouring from all sides. Here is what customers on Twitter needed to say about Musk’s supply to buy Twitter.

Mark Cuban, the billionaire entrepreneur and proprietor of the Dallas Mavericks, said, “Wish to see the entire world lose their s***? Get Peter Thiel to companion with Elon and lift the bid for Twitter.”

New York Occasions best-selling writer Ben Shapiro wrote, “One of the best factor about Elon Musk’s takeover can be the automated employment sorting mechanism. Takes care of nearly all HR issues instantly.”

Fred Wilson, a enterprise capitalist, mentioned, “Twitter is just too necessary to be owned and managed by a single individual”

Actress and author Angela Belcamino requested whether or not customers would depart the platform if the takeover occurs.

A consumer mentioned that Musk’s “sport” with Twitter is perhaps “harmful” because the platform has a number of potential to steer mass opinion.

Memes about Musk’s try to purchase Twitter in an all-cash deal are doing the rounds on social media. 

Within the meantime, Twitter CEO Parag Agrawal reportedly sought to reassure staff throughout an all-hands assembly on Thursday that the corporate was not being “held hostage” by information of Musk’s supply to purchase the corporate.