- South African born billionaire Elon Musk has plans to take over social media giant Twitter after purchasing shares in the company
- Musk plans to spend R600 billion on the company and calls the high price his "best and final" offer
- He shared that if his offer is not considered, he will reconsider his position as a shareholder of the company
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UNITED STATES - Eccentric billionaire Elon Musk hopes to unlock Twitter’s potential by purchasing the social media company for R600 billion. His offer comes days after he rejected a seat on the company’s board.
Musk has offered $54.20 (R795) per share in the social media company and believes that it should be transformed into a private company. He recently acquired 9% of the company’s shares.
In a letter to the Chairperson of Twitter Bret Taylor, Musk said since investing in the company, he realised that it will not thrive in its current form. He added that he has made his “best and final offer” and will reconsider his stake in the company should his offer not be accepted, according to News24.
The South African-born billionaire was initially dissatisfied with the company’s freedom of speech policies and tweeted out to his 80 million followers the changes he would like to implement. Some of his plans include turning Twitter’s headquarters, based in San Francisco, into a shelter for the homeless and providing an edit tweet button, reported Business Tech.
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Social media users divided over the offer
“Elon, seriously. It's a consensus in social sciences that free speech can't be limitless. You should keep investing your time in things you actually know how it works, like the engineering fields that u are great on it. Leave social matters to people that study it.”
“Elon will make Twitter even more catered to memes and crypto. Community-owned Twitter!”
“A man willing to spend $41,000,000,000 for free speech is a good man that I can admire.”
“Elon, not to be “that guy,” but as a Canadian employee of Twitter, you can’t do this. Only the CEO can. I’m an executive myself (youth football coaching legend) and I kicked a player off my team because his granddad questioned my play calling. Grow up and respect authority.”
“I would love to see what you could do with this dumping-ground-of-a platform!”
“Hello, just one question. Why do you wasting your time and money to buy Twitter while you have the science for inventing a new one?”
“Why buy Twitter? It’s free on the App Store?”
Black Sherif Drops Snippets From Much-Awaited Kwaku The Traveller Music Video
Meanwhile, a video believed to have been culled from the yet-to-be-released music video of Black Sherif's Kwaku The Traveller hit song has popped up on social media.
In the video sighted by YEN.com.gh on Instagram, Black Sherif, known in real life as Mohammed Ismail Sherif Kweku Frimpong, was seen walking in vast marshy land.
He was seen holding what looked like a travelling bag to depict the title of the song which is making waves in Ghana and beyond.
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