Advertisement
Trending

Elon Musk Gets Closer To Twitter Purchase With Board Recommendation To Stockholders

Advertisement

OPINION: This article may contain commentary which reflects the author's opinion.


The Twitter board of directors has made a unanimous decision to recommend that its shareholders accept the purchase off from Elon Musk.

This brings Musk closer to owning Twitter, which is expected to be done before the end of 2022.

Advertisement

“The Twitter Board, after considering various factors described in the section of this proxy statement captioned “The Merger— Recommendation of the Twitter Board and Reasons for the Merger,” has unanimously: (1) determined that the merger agreement is advisable and the merger and the other transactions contemplated by the merger agreement are fair to, advisable and in the best interests of Twitter and its stockholders; and (2) adopted and approved the merger,” it said.

In a meeting with Twitter employees last week Musk said he intends to get the deal done and he answered other questions from the group.

During the call, he said his political views were “moderate, but stressed that the far right and left should have the freedom to post on Twitter.

“I think an important goal for Twitter would be to try to include as, as much of the country, as much of the world as possible,” he said.

He said he is also not concerned about the title of CEO but wants to be the man who changes Twitter.

Advertisement

“I think it’s essential to have free speech,” he said.

Employees asked him what that meant for tweets about animal abuse, sexual content, and generally hateful or offensive messages.

“I think there’s also, there’s freedom of speech and freedom of reach, so I think people should be allowed to say…pretty outrageous things that are within the balance, the law, but, but then they don’t, you know, get amplified.”

“I think the potential is there for Twitter to have … to be accessible to an order of magnitude more people,” he said. “Let’s say the far-left 10 percent and the far-right 10 percent were equally upset on Twitter, then that would probably be a good outcome.”

He said Twitter should meet a “standard” that would have Twitter users “very entertained and informed” and not simply employing policies to “not offend” certain people.

Advertisement

His political views may be moderate, but this week he voted for a Republican for what he said was the first time.

“I voted for Mayra Flores – first time I ever voted Republican. Massive red wave in 2022,” he said.

Advertisement

“Welcome to the Republican Party! We welcome all walk aways from all walks of life. The party of opportunity, prosperity, and freedom is here to stay. We look forward to working together and building a better future for all of America,” the new Congresswoman responded.

“Elon, is this the first time that has happened with you where you’re receiving massive amounts of hate by the top Democrat leaders (Biden, Sanders, AOC, Warren, etc)? Cause when Obama was running the office he used to support the work Tesla & SpaceX were doing,” a twitter user said to the CEO to which he replied “Yes.”

Advertisement

Another questioned if Musk would vote for a Republican president in 2024 to which he responded “TBD” (to be determined).


“First and foremost I thank God for the blessing of the opportunity to serve the people of Texas’ 34th Congressional District,” Flores told Fox News Digital in a statement. “I am also grateful to my family for their unwavering love and support throughout this campaign, and to the voters of South Texas for entrusting me to represent them in Washington. I look forward to standing strong for our conservative values of faith, family, and freedom and to earning the opportunity to serve our community further in the months to come,” the new Congresswoman said.

Advertisement
Back to top button
Send this to a friend