Category Archives: Elon Musk

Elon Musk Wants to Make Twitter Private

Twitter logoElon Musk has offered to take Twitter Inc. private in a deal valued at $43 billion, lambasting company management and saying he’s the person who can unlock the “extraordinary potential” of a communication platform used daily by more than 200 million people, Bloomberg reported.

According to Bloomberg, Elon Musk said he will pay $54.20 per share in cash, 38% above the price on April 1, the last trading day before Musk went public with his stake. Twitter’s company shares were “little changed” at $45.81 on Thursday, “a sign there’s skepticism that one of the platform’s most outspoken users will succeed in his takeover attempt.”

The Guardian reported that the $54.20 offer price includes the number 420, in what appears to be a reference to the number used as code for cannabis. The Guardian also noted that in 2018, when Elon Musk offered to take Tesla private he offered to buy the shares he did not already own for $420 a share.

I’m starting to wonder if Elon Musk sees this as a big joke. It is difficult to take someone seriously after they have used the number 420 in not one, but two, attempts to make a company private.

In a press release on PR Newswire, Twitter Inc. confirmed it has received an unsolicited, non-binding proposal from Elon Musk to acquire all of the Company’s outstanding common stock for $54.20 per share in cash. The press release also states: “The Twitter Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interests of the Company and all Twitter stockholders.”

To me, that sounds like corporate speak for, “We aren’t interested in this offer”.

This explains why I saw the word “Censorship” in the “What’s Happening” section of Twitter earlier today. It included a wide variety of tweets about censorship – from banned books to the idea of Twitter never blocking, labeling, or suspending accounts ever again.

Personally, I don’t think Twitter Inc. is going to accept Elon Musk’s offer. But if it does, and Elon Musk gets to make the changes he wants to make, there are other options for social media. I recommend Mastodon, especially if you take the time to find an instance that fits you.

Did Elon Musk Smoking Weed Cloud his Judgement?

WeedEver since I saw Elon Musk smoking weed on the Joe Rogan show I began to wonder if his judgment was impaired when he made the famous let’s take Tesla Private tweet that has him in hot water with the SEC. While I do not partake in smoking weed, I really do not care who does or does not that is a personal choice. So far as Musk goes no one will likely ever know, but I think if I sat on the board of directors of Tesla I would be asking him if he had partaked behind closed doors.

Let’s Party

I personally like to have an adult beverage from time to time, and I learned a long time ago that after a few beers it’s not a good idea to sit down at the keyboard or start posting anything on social media. I think we have all done a stupid thing or two when we have had a few cocktails. But in the digital world once something is out there it’s out there. For all, I know Elon Musk was sober at the time of his tweet but I really wonder. Pure speculation on my part but in a recent video of him In my opinion, he looked baked.

My Opinion

Again these are my opinions and I have no proof except for observation of what I have seen on the public airwaves. A small word of advice to any of you out there stay off social when you have been drinking, are drinking and finished drinking. Don’t make calls to old flames and for gosh sakes get an Uber or Lyft if you’re away from your home. So what say you? Do you think Elon Musk was baked when he made the famous tweet that could cost him his company and the ability to run a public company ever again?

Photo by Chase Fade on Unsplash