Elon Musk is so close to closing the deal on buying Twitter. If you’re someone who lives on Earth or Mars, you’re probably not unfamiliar with the news. Elon Musk, who is a very active Twitter user and also has interests in the social media platform, is now on the cusp of buying it. He is so close that it can be considered that he may have already bought it.
On Monday, April 25, 2022, Twitter itself started talks and minor negotiations with Musk himself. Earlier, Elon Musk proposed to buy the social media giant for $43 billion in cash. And he says he will have that amount ready if Twitter wants to sell itself for the proposed amount. However, the Twitter officials have thought about it and now it looks like they may eventually be able to sell it to Elon after all.
A little background story
Well, Elon Musk has always been hyperactive on Twitter, and most of the ads and publicity for his two giant companies Tesla and SpaceX are done on Twitter by him literally for free. On April 4, Elon Musk will buy 9.2% of his entire shares, making him the highest individual shareholder in the social media giant. He soon became a board member and Musk also suggested some changes he would like to see in how Twitter works.
What’s in it for Elon Musk?
As we mentioned earlier, Elon Musk spends almost ZERO on the ad for his leading companies Tesla and SpaceX, and a look at Twitter’s past actions and interfering too much with people’s free speech has been of great concern to Musk. Some think this is a major reason why he would want to buy the whole thing if he had the chance. So that he can continue to advertise for free and reshape certain aspects of it so that he never gets banned, because obviously you can’t keep the owner of Twitter off Twitter.