{"id":139159,"date":"2022-04-14T08:26:50","date_gmt":"2022-04-14T15:26:50","guid":{"rendered":"https:\/\/new.thepinetree.net\/?p=139159"},"modified":"2022-04-14T08:27:10","modified_gmt":"2022-04-14T15:27:10","slug":"elon-musk-offers-to-buy-twitter-at-54-20-a-share-for-about-43-billion","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=139159","title":{"rendered":"Elon Musk Offers to Buy Twitter at $54.20 a Share for about $43 Billion"},"content":{"rendered":"<p>San Francisco, CA&#8230;The following is Elon Musk&#8217;s letter to Twitter Management&#8230;&#8221;I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.<\/p>\n<p><a href=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Elon_Musk_Royal_Society_crop2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-139160\" src=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Elon_Musk_Royal_Society_crop2.jpg\" alt=\"\" width=\"243\" height=\"320\" srcset=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Elon_Musk_Royal_Society_crop2.jpg 461w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Elon_Musk_Royal_Society_crop2-228x300.jpg 228w\" sizes=\"auto, (max-width: 243px) 100vw, 243px\" \/><\/a><a href=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Twitter-Logo-Square.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-139161\" src=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Twitter-Logo-Square.png\" alt=\"\" width=\"320\" height=\"320\" srcset=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Twitter-Logo-Square.png 500w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Twitter-Logo-Square-300x300.png 300w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Twitter-Logo-Square-150x150.png 150w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/Twitter-Logo-Square-30x30.png 30w\" sizes=\"auto, (max-width: 320px) 100vw, 320px\" \/><\/a><\/p>\n<p>However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.<\/p>\n<p>As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.<\/p>\n<p>Twitter has extraordinary potential. I will unlock it.<\/p>\n<p>Elon Musk&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Francisco, CA&#8230;The following is Elon Musk&#8217;s letter to Twitter Management&#8230;&#8221;I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":139164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,20,1],"tags":[],"class_list":["post-139159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-featured","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/04\/MuskTwitter.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/139159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=139159"}],"version-history":[{"count":4,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/139159\/revisions"}],"predecessor-version":[{"id":139166,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/139159\/revisions\/139166"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/139164"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=139159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=139159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=139159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}