(TheRedAlertNews.com) – BREAKING NOW: Elon Musk has made the big move that millions of free speech advocates have hoped he would undertake.
Musk has launched a hostile takeover bid for Twitter.
Musk wants to purchase all the shares of Twitter at a premium and then take the company private.
Musk has been a critic of Twitter’s constant and continuing censoring and banishment of mostly conservative voices and opinions from its social media platform — the most prominent of which was the permanent banishment of former President Donald Trump.
As CNBC reports this morning:
“Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company needs to be transformed privately, a little over a week after first revealing a 9.2% stake in the company. Musk’s offer values Twitter at about $43 billion.
“‘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,’ Musk wrote in a letter sent to Twitter Chairman Bret Taylor and disclosed in a securities filing.
“According to Musk, the social media company needs to go private because it can ‘neither thrive nor serve’ free speech in its current state.”
This is a breaking news report.
What is your opinion? Are you glad that Elon Musk is attempting a takeover of Twitter to restore it to a social media platform that values free speech? Email your thoughts to [email protected]. Thank you, and have a good day.