TOP News

Technology: ELON MUSK is "Not sure" to be able to redeem Twitter but has a plan B

Elon Musk challenged Putin to single combat over Ukraine

  Elon Musk challenged Putin to single combat over Ukraine Elon Musk made the absurd suggestion on Twitter on Monday, the same day Russia and Ukraine are due to meet for negotiations.Russian President Vladimir Putin launched a military assault in Ukraine Thursday, with attacks having since been reported in the cities of Kharkiv, Kyiv, and Odesa.

Elon Musk prend la parole lors d'une conférence de presse après un vol d'essai de fusée Falcon 9 SpaceX au Kennedy Space Center à Cap Canaveral, Floride, le 19 janvier 2020. Le patron de Tesla a fait une proposition de 43 milliards de dollars pour racheter le réseau social Twitter. © AP - John Raoux ELON MUSK speaks at a press conference after a FALCON 9 SPACEX rocket test flight In Kennedy Space Center in Cape Canaveral, Florida, January 19, 2020. Tesla's boss made a $ 43 billion proposal to buy the Twitter social network.

After installing as the main shareholder of Twitter this month, the American Richissime Elon Musk now wants to redeem the social network entirely. For this, the boss of Tela and Space X puts on the table 43 billion dollars. The company has indicated "reviewing this offer". So, why does billionaire start this offensive?

ELON MUSK wants to redeem Twitter, "he says, to turn it. This is what he writes in the amended Stock Exchange, the SEC, in his letter, which reveals his proposal.

See 'The Lost City' star Sandra Bullock's most wonderfully outdated fashion moments from early in her career

  See 'The Lost City' star Sandra Bullock's most wonderfully outdated fashion moments from early in her career Take a look back at some of our favorite '90s and '00s fashion moments from Sandra Bullock's past!

"I propose to buy 100% Twitter at a price of $ 54.20 per share in cash", can be read in this document, also addressed to the Chairman of the Board of Directors, Bret Taylor.

The price proposed by the billionaire would value twitter at $ 43.4 billion, compared with about 36 billion at the moment. Offer to take or leave.

The leader of American companies of South African origin, explains that it will be "its best offer and its final offer". In case of refusal, Elon Musk threatens to "re-examine his shareholder position" freshly acquired within the group.

The multimilliardaire acquired a little more than 9% of the capital of the social network at the beginning of the month (73.5 million common shares). An acquisition he had justified by the "major role that Twitter plays in favor of freedom of expression around the world".

Here's what we know about Starlink in Ukraine so far

  Here's what we know about Starlink in Ukraine so far There have been many developments surrounding the use of Starlink systems in Ukraine, following Russia's invasion of the country.The invasion followed a lengthy speech by Russian President Vladimir Putin two days earlier, in which he claimed that Ukraine wasn't a real country.

In his new letter, he manifests some disappointment since this investment: "The company, according to him, will not serve this imperative in its current form.

ELON MUSK is very active and very followed on Twitter, where 82 million subscribers follow him. He regularly criticizes the operation of the site, accusing, for example, the algorithm to flout freedom of expression by posting tweets rather than others.

Since I realized my investment, I realized that the company would not prosper and would not serve its societal imperative in its current form

since its arrival, Elon Musk has multiplied the tweets to suggest modifications or Additions that he would like to see appear on the microblog site, including a "edit" button or the removal of advertisements.

In case of acquisition, the multimilliardaire wants to release the social network of the Wall Street Stock Exchange. To have total control. He ends his purchase proposal with these words: "Twitter has extraordinary potential. I will unlock it.

Share of 9.2 percent: Tesla boss Musk is the largest Twitter shareholder

 Share of 9.2 percent: Tesla boss Musk is the largest Twitter shareholder of Tech billionaire now holds a share of 9.2 percent. The Twitter share then rose around one fifth. What does Elon Musk aim for? © Photo: DPA / Patrick Pleul The Tesla Chef Elon Musk. Tesla boss Elon Musk has become the largest shareholder of Twitter. The Tech Billionaire holds a share of 9.2 percent, as announced by the short message service on Monday. The Twitter share then rose around one-fifth in predominance US trade.

►Book: ELON MUSK arrives at Twitter

according to Forbes, Mr. Musk's personal fortune would be nearly $ 274 billion, which would make him the richest man in the world.

at Wall Street, Twitter's action rose 2.2% at $ 46.86, at the beginning of the session on Thursday, April 14th. She got off when Mr. Musk's offer had been made public.

ELON MUSK says she does not seek to "make money"

"I think it's going to be pretty painful and I'm not sure I'll get to Buy it," Elon Musk admitted. Interviewed at the TED2022 conference, broadcast live from Vancouver, in Canada, he assured that he did not try to "make money". "I have just a strong intuition than having a public platform, largely inclusive, in which one can trust, is extremely important for the future of civilization," he added during his first speech since the announcement of his proposal.

In a hurry on the funding issue, he repeated to the "sufficient funds" and a Plan B if the Twitter Board of Directors refuses its offer, without giving more details. But he explained that he hoped above all rally to his project as many existing shareholders.

One of the shareholders have already reacted: the Saudi Prince Al-Walid Ben Talal said on Twitter that he "rejected" his offer. "I do not think that Elon Musk's proposal ($ 54.20) approaches a little bit of the intrinsic value of Twitter, given his growth prospects. I am one of the most important and older shareholders of Twitter, and Kingdom Holding Company (his investment fund, NDLR) and I reject this offer, "he wrote on Thursday.

with

agencies

Redemption of Twitter: ELON MUSK has "sufficient funds" and even a Plan B .
© Pixabay Redemption of Twitter: ELON MUSK has "sufficient funds" and even a Plan B after proposing to redeem The social network for $ 54.20 per share, the billionaire explained its motivations at a conference. ELON MUSK is "Not sure" to succeed in redeeming Twitter but it indicated Thursday, April 14 that it had a plan B and "sufficient funds" to achieve it, and that its motivations were not .

See also