It looks like the deal is back on, and Elon Musk will go through with the Twitter purchase:
The tumultuous saga of Elon Musk’s on-again off-again purchase of Twitter took a turn toward a conclusion Tuesday after the mercurial Tesla CEO proposed to buy the company at the originally agreed-on price of $44 billion.
Musk made the surprising turnaround not on Twitter, as has been his custom, but in a letter to Twitter that the company disclosed in a filing Tuesday with the U.S. Securities and Exchange Commission. It came less than two weeks before a trial between the two parties is scheduled to start in Delaware.
In response, Twitter said it intends to close the transaction at $54.20 per share after receiving the letter from Musk. But the company stopped short of saying it’s dropping its lawsuit against the billionaire Tesla CEO. Experts said that makes sense given the contentious relationship and lack of trust between the two parties.
“I don’t think Twitter will give up its trial date on just Musk’s word — it’s going to need more certainty about closing,” said Andrew Jennings, professor at Brooklyn Law School, noting that the company may also be worried about Musk’s proposal being a delay tactic. After all, he’s already tried to unsuccessfully postpone the trial twice.
Elon’s change of heart on the Twitter purchase comes off the heels of a Twitter poll Musk published regarding the Ukraine.
– Redo elections of annexed regions under UN supervision. Russia leaves if that is will of the people.
– Crimea formally part of Russia, as it has been since 1783 (until Khrushchev’s mistake).
– Water supply to Crimea assured.
– Ukraine remains neutral.
— Elon Musk (@elonmusk) October 3, 2022
For simply publishing the poll, Musk received widespread condemnation from the establishment. It also appeared that NATO-aligned bot armies mobilized to rig the result of the poll.
Indeed. Biggest bot attack I’ve ever seen.
— Elon Musk (@elonmusk) October 3, 2022
Could it be that bot interference in Elon’s Ukraine poll irritated the billionaire just enough to induce him to purchase Twitter and clean up the mess?
Did NATO bots just inadvertently restore free speech to Twitter? https://t.co/iFxj3WVkqZ
— Darren J. Beattie ? (@DarrenJBeattie) October 4, 2022
Just a few days ago, it came out in court that Elon Musk was reading and discussing Revolver News’ piece on his Twitter acquisition with an unknown acquaintance.
this is weird — right after the 13-d disclosure, right during board negotiations, elon's fielding a bunch of people who want to invest/be involved, and then this set of messages has a redacted recipient/sender… pic.twitter.com/cP6qfXfq4G
— The Chancery Daily (@chancery_daily) September 29, 2022
According to the Daily Dot:
They first referenced what most agree is an article in right-wing publication Revolver News which predicted what would happen if Musk bought Twitter. The piece claimed that an ‘anything goes’ approach to moderation would lead people to blame Twitter for users’ bad behavior. This, it said, would be followed by a “pressure campaign” to clamp down on such content. If the platform failed to act, it predicted a mass exodus of verified accounts.
The piece warned that this could be the beginning of the end of the platform. “When the bluechecks leave, the free speech platform might survive, but Twitter will have lost its special magic.”
Could it be that Elon re-read Revolver’s classic piece about his initial Twitter purchase and decided to go ahead with it?
Great piece in Revolver News from a few days ago.
The Battle of the Century: Here’s What Happens if Elon Musk Buys Twitterhttps://t.co/nBwE68XFEV
— The Columbia Bugle ?? (@ColumbiaBugle) April 5, 2022
In any case, all of the regime actions we warned Elon about the first time around will absolutely come into play if Elon proceeds with his stated objective to restore free speech to Twitter:
If Elon Musk bought Twitter and did nothing more than return it to the speech norms it had ten years ago, that act alone would constitute a “national security threat.” The threat posed to America’s joke institutions and the clowns who run them would be, in fact, existential.
This is not to dissuade Musk from purchasing Twitter — just the opposite, in fact. Revolver points this out to demonstrate how bold a move it would be — one of the very few which, if successful, would be a genuine game changer rather than a fake and performative gesture.
But if Musk opts for the path of boldness and glory, he should be prepared for historic backlash from the regime. The entire system would mobilize against Twitter reflecting the same cancellation strategies the Regime systematically employs to control politicians, websites, major businesses, and even countries. Twitter would get the “George Floyd” treatment on steroids. The Regime would employ the “George Floyd” tool recently used to “cancel” Russia, but directed with laser-like focus on a single company and its lone brilliant, iconoclast leader.
Though the recent news is encouraging, we don’t want to celebrate prematurely. It is unclear if the Twitter purchase deal is final, and if it is final, whether and to what extent Elon intends to follow through with his objective to restore free speech to the global public square. And of course, it is unclear whether Elon can survive the Regime backlash if indeed he does intend to take the path of glory.
As powerful as it is, our corrupt and illegitimate regime cannot withstand six months of an uncensored environment on a major internet platform. If Elon goes through with the Twitter purchase, he is stepping into the biggest arena possible, with the highest stakes imaginable. Let us hope the billionaire is ready to evolve beyond his role as glorified IT support for the Regime and reach for greatness.