Elon Musk JUST REPLACED The ENTIRE Twitter Board!
elon musk just officially bought twitter for 43 billion dollars and renamed it it's crazy the tech giant elon musk is gradually becoming omnipresent and omnipotent he is sort of a pioneer in the production of spacecraft evs advanced scientific experiments and ai now he is trying to be the owner of one of the most popular social media as well yes to your surprise he almost officially bought twitter and is thinking of renaming it want to know more about it well stay tuned to the video hey everyone welcome to elon musk rewind don't forget to subscribe to our channel like this video and hit the notification bell icon to get updated with tesla spacex starlink and everything about tech icon and billionaire elon musk that being said let's begin elon musk already placed his purchase proposal for twitter for 43 billion dollars recently twitter's ceo claimed no decision had been taken on elon musk's 43 billion proposals to purchase the firm reigniting speculation about a future war for control of the social media behemoth while billionaire entrepreneur mark cuban said musk was merely effing with the sec after a board meeting on thursday where musk's proposal was addressed twitter's 37 year old ceo baraga garwal spoke to employees twitter is just one step away from completely going into the hands of elon musk although according to the words the board will go through a rigorous procedure before making a decision in the best interest of the shareholders employees were treated to tunes by the backstreet boys such as i see a little prayer and i wanted that way before agarwal's address according to the site after that agarwal had a 25-minute q a session he didn't indicate when the board would respond to musk or which way the board was leaning which the verge said irritated several employees during the board's private talks billionaire entrepreneur mark cuban stated that musk is playing his own game with the sec claiming that musk is involved in a complex plan to inflate the value of his twitter shares before selling them for a large profit cuban has been watching musk's actions closely in connection to the social networking firm which musk stated on wednesday he intended to take private for 43 billion dollars musk's interest in twitter has peaked at a rapid pace on march 14th he paid three billion dollars for 73 million four hundred eighty six thousand nine hundred thirty eight twitter shares or nine point two percent of the company mask became the largest shareholder when the news was made public in a securities and exchange commission sec filing on april fourth musk started speculating about improvements to the site such as renaming it twitter and adding edit buttons as well as the possibility of turning the company's headquarters into a homeless shelter he even questioned twitter's long-term viability on thursday cuban said he had been watching with enjoyment and determined that it was all part of musk's intricate scheme to annoy the sec in my opinion at elon musk is effing with the sec cuban finally wrote on twitter musk's submission of documents with the securities and exchange commission formally outlining his intentions he said provided him legal permission to carry out his scheme muscles fined 40 million dollars in september 2018 half from himself half from tesla for tweeting about taking tesla private and causing a stock market meltdown cuban said that he had the legal side of things covered this time his sec filing permits him to claim he intends to take a firm private for 54.20 funding also has been arranged cuban stated price rises his stock is sold profits are increasing although musk denied on thursday that he intended to purchase twitter just for financial motives instead claiming that he was driven by the need to safeguard free expression musk remarked at a ted conference in vancouver this is not about the economy i have a strong intuition that having a public platform that is optimally trusted and broadly inclusive is critical to civilization's destiny he further added that twitter has become a de facto town square it's critical that people have both the reality and the idea that they may talk freely within the law cuban who has previously expressed his respect for musk was skeptical believing that it was all part of musk's hilarious and lucrative game elon may have started it but his threat to sell his shares if twitter says no has opened the way for those digital behemoths to step in for relatively small money and gain massive influence at twitter or potentially a straight road to the acquisition he said elon will be smiling from ear to ear to the bank cuban believes twitter's board of directors will do everything possible to prevent musk from taking over the firm i believe twitter will make every effort to avoid selling the firm he added they'll attempt to get a buddy to come in and purchase elon's stock and get him out says the source for agrawal twitter's ceo warned employees on thursday afternoon that the board of directors had not yet taken a decision on musk's offer and had given no time frames musk announced his buyer proposal in a text message to twitter board chairman brett taylor on wednesday according to a regulatory filing the text message read as i mentioned last weekend i believe the firm should be kept private while it undergoes the necessary reforms after giving it some thought over the last several days i've decided to buy the fam and take it private i'll send you an offer letter tonight and it'll be public the next morning cuban who is worth an estimated 4.7 billion dollars has previously praised musk whose wealth of 219 billion dollars eclipses that of jeff bezos who was worth 171 billion dollars in june 2020 cuban said to the new york post i like elon musk he may be concited at times but he is the only entrepreneur i've ever seen that takes on initiatives that most people would be terrified to try and succeed cuban stated before he's a machine that gets things done and appears to have a good time doing it that's something i admire he previously likened the mask to steve jobs and jeff bezos and after musk labelled analysts queries boring and boneheaded during a 2018 tesla earnings call cuban backed him in may 2018 cuban told cnbc it's appropriate for a ceo to have an attitude musk is a founder who puts his heart out there according to cuban in april 2020 the texan businessman took issue with musk who dubbed coed lockdowns fastest the limits imposed on musk's tesla plant workers enraged him but things got altered by musk's sudden proposal of buying twitter elon musk the mercurial entrepreneur now says he wants to acquire not only shares of twitter but to have it all together and take it private to restore its dedication to free expression however his offer which investors appeared to dismiss on thursday raises as many problems as it answers but what is musk's fascination with twitter he claims the service isn't living up to its promise as a platform for free speech ostensibly because it isn't living up to its potential as a platform for free speech musk has stated that he is not interested in profiting from twitter and that his motivation stems from the knowledge that having a public platform that is maximally trustworthy and widely inclusive is incredibly vital to the survival of civilization as he stated on thursday twitter like other social media sites suspends accounts for breaking content guidelines such as those related to violence hate speech or damaging disinformation its decision to suspend donald trump enraged the former president's supporters musk has called himself a free speech absolutist but he has banned individuals on twitter who question or disagree with him tesla his vehicle firm has also been accused by regulators of retaliating against black workers who spoke out against prejudice but where did musky get the money to purchase twitter mask did not say anything about it in addition his regulatory filing states that the offer is contingent on expected funding completion musk said vaguely that he had sufficient assets to complete the transaction during an on-stage interview at the ted 2022 conference on thursday adding i can do it if possible not only that do you want to rename twitter musk tweeted after revealing that he owns a 9.2 percent interest in the micro blogging site making him the company's largest shareholder also another trusted source informed that may musk will just drop the w and make the name titter elon musk is rebranding it so that people don't identify it with a platform that suppresses free expression while crying twitter x ceo jack dorsey stated so everything's put together would he be able to come up with the funds is such a sale likely to make shareholders happy and assuming he succeeds how will the social network look these are the questions to provoke your thoughts and as we have come to the end of this video let us thank you all for staying with us till the end if you found the video interesting go ahead and hit the like button and most importantly if you want to be updated on every single topic related to elon musk then you should consider subscribing to the channel and pressing the bell icon see you in the next one until then peace

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