Preface

Wow, he actually did it. Elon Musk, the fourteen-year-old Reddit afficionado trapped inside the body of a billionare, actually bought Twitter, inc. for $44 billion.

Twitter

We all know Twitter. If you’re reading this, you probably know the general trends of the platform. Twitter is a breeding hub for brand new sexualities, beliefs, etc. The users of Twitter are not forgiving by any means. If someone disagrees with you in the slightest way, you will be “canceled” for a few minutes until they cancel someone else.

How it Happened

Musk offered to buy Twitter after becoming the largest individual shareholder of the company. He played everything right. He bought a bunch of Twitter to be offered the ability to be on the baord of directors, but he decided to trap Twitter. He offered $43 billion and said denial would affect his shares in the company. This puts Twitter in a corner because either they sell themselves to Elon Musk or have a stock crash.

What will change?

Musk proposed a slash to the price of Twitter Blue, a subscription that gives less benefits than flushing money down the toilet. He would also ban advertising and will bring back free speech on twitter, stating:

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement accompanying Twitter’s announcement of the deal. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans..

“Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it."

Once the transaction finalizes, Musk will make Twitter a private company. If you invested in Twitter, your portfolio is looking very nice.