Home » Business » Elon Musk wants to buy 100 percent. Twitter shares. He made an offer

Elon Musk wants to buy 100 percent. Twitter shares. He made an offer

Elon Musk’s move to take over Twitter is another after it revealed a 9.2 percent purchase in early April. company shares. Then he received a proposal to join the company’s management boardbut after five days and a few weekend-critical Twitter posts, he refused to accept this offer.

Refusing to join the board of directors released Musk from the restriction that such a decision would have entailed. Thanks to it, the billionaire can buy more than 14.9 percent. company shares.

– I invested in Twitter because I believe it has the potential to become a platform for freedom of speech all over the world, and I believe that it is a social imperative in functioning democracies – argued Musk and added that the current form of operation of the company will not allow it or its development nor serve a social purpose.

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