Elon Musk Makes an attempt Hostile Takeover of Twitter: Right here’s How Customers Reacted to His $43-Billion Provide

Elon Musk took the world unexpectedly together with his proposal to purchase Twitter. The Tesla boss has provided to accumulate 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 every of Twitter’s largest shareholder, with a stake of 9.2 p.c. Folks have flooded the microblogging platform with reactions that vary from grave concern to humorous memes in regards to 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 are actually pouring from all sides. Right here’s 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, “Need 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 just about all HR issues instantly.”

Fred Wilson, a enterprise capitalist, stated, “Twitter is simply too essential to be owned and managed by a single particular person”

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

A person stated that Musk’s “sport” with Twitter is likely to be “harmful” because the platform has quite a lot 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 employees throughout an all-hands assembly on Thursday that the corporate was not being “held hostage” by information of Musk’s offer to buy the corporate.

---