A week into his rolling clash with Twitter Inc., Elon Musk went full-on corporate raider, offering to buy the company and warning he might sell his stake in the service if rebuffed. I thought he was just an eccentric rich boy guess he can be savage af (If necessary.)
No idea how this plays out but it could be quite entertaining to watch over the coming months. Forget about the stock and the cash. You've got a ubiquitous communication platform, the plain spoken richest guy in the world with a penchant for being pretty transparent and a nervous bunch of liberals spread across several industries. Not to mention Prince Al Waleed with a stake and other parties that have taken notice at what controlling Twitter could mean for everyone. No matter what happens, this should get some interesting conversations going.
$43 Billion is a lot of money for a company that has never been net positive since inception. You can look up 2021 if you want but that was another -$221 mill in the hole.