Stock Market News

What does Musk want with Twitter? Check out his tweets for clues

2022.05.05 15:31

What does Musk want with Twitter? Check out his tweets for clues
Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) – Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp (NYSE:ORCL) co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter Inc (NYSE:TWTR), according to a filing.

Here’s a chronology of developments, including some tweets from Musk, that shed some light on his views of the company and free speech:

Date Tweets and comments from company filing

April 27, 2022 “Twitter DMs should have end to end encryption like

Signal, so no one can spy on or hack your messages,” Musk

said in a tweet https://twitter.com/elonmusk/status/1519469891455234048

April 27, 2022 “For Twitter to deserve public trust, it must be

politically neutral, which effectively means upsetting the

far right and the far left equally,” Musk tweeted https://twitter.com/elonmusk/status/1519415674111672325

April 25, 2022 “I hope that even my worst critics remain on Twitter,

because that is what free speech means,” Musk said in a

tweet https://twitter.com/elonmusk/status/1518623997054918657

April 25, 2022 “Free speech is the bedrock of a functioning

democracy, and Twitter is the digital town square where

matters vital to the future of humanity are debated,” Musk

tweeted https://twitter.com/elonmusk/status/1518677066325053441?t=uZkgCtHZTcwmuGPkh3loDQ&s=19

after the deal was announced. “I also want to make

Twitter better than ever by enhancing the product with new

features, making the algorithms open source to increase

trust, defeating the spam bots, and authenticating all

humans.”

April 21, 2022 “If our twitter bid succeeds, we will defeat the spam bots

or die trying!” Musk tweeted https://twitter.com/elonmusk/status/1517215066550116354.

“And authenticate all real humans,” he added.

April 14, 2022 “Taking Twitter private at $54.20 should be up to

shareholders, not the board,” Musk asked https://twitter.com/elonmusk/status/1514698036760530945

in a poll on Twitter in which 83.5% of the responders

said yes.

Saudi Arabian Prince Alwaleed bin Talal said that as one

April 14, 2022 of the major shareholders in Twitter he rejected a

takeover bid by Musk

April 14, 2022 “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,” Musk said in a filing https://www.sec.gov/Archives/edgar/data/0001418091/000110465922045641/tm2212748d1_sc13da.htm

April 14, 2022 “My offer is my best and final offer and if it is not

accepted, I would need to reconsider my position as a

shareholder,” Musk added in the filing

April 14, 2022 “Twitter has extraordinary potential. I will unlock it,”

Musk said in the filing

April 14, 2022 Musk tweeted https://twitter.com/elonmusk/status/1514564966564651008

saying “I made an offer”, with a link to the company

filing

April 12, 2022 Musk was sued by former Twitter shareholders who claim

they missed out on the recent run-up in its stock price

because he waited too long to disclose a 9.2% stake in the

social media company

April 10, 2022 Musk polled followers on Twitter asking whether the

company’s headquarters in San Francisco should be

converted into a homeless shelter. The tweet is now

deleted. Amazon.com (NASDAQ:AMZN) founder Jeff Bezos had backed Musk’s

idea

April 10, 2022 Twitter CEO Agrawal shared a note https://twitter.com/paraga/status/1513354622466867201

on Twitter saying that Musk rejected the company’s offer

to join its board. Musk deleted the tweet, where he

responded with an emoticon with a

face-with-hand-over-mouth

April 10, 2022 Musk started a poll asking if “w” should be deleted from

Twitter’s name, leaving two voting options, “yes” and “of

course.” He deleted that too

April 9, 2022 With respect to Twitter’s business model, Musk tweeted

before deleting it: “And no ads. The power of corporations

to dictate policy is greatly enhanced if Twitter depends

on advertising money to survive”

April 9, 2022 Musk tweeted https://twitter.com/elonmusk/status/1512946176244473863,

“Everyone who signs up for Twitter Blue (ie pays

$3/month) should get an authentication checkmark” about

its subscription service that offers “exclusive access to

premium features” on a monthly basis. Later, he deleted

the tweet

April 5, 2022 Agrawal tweeted https://twitter.com/paraga/status/1511320953598357505?s=21&t=Is9i_R_hPKzFuUV5VhxUZQ

Musk is being appointed to Twitter’s board. “He’s both a

passionate believer and intense critic of the service

which is exactly what we need on

@Twitter, and in the boardroom, to make us stronger in the

long-term”, a follow-on tweet said

April 5, 2022 Twitter CEO Jack Dorsey welcomed Musk to Twitter’s board

in a tweet https://twitter.com/jack/status/1511329369473564677?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1511329369473564677%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Feconomictimes.indiatimes.com%2Fmagazines%2Fpanache%2Fto-celebrate-memelord-elon-musks-twitter-board-entry-netizens-flood-the-internet-with-jokes%2Farticleshow%2F90687616.cms,

added: “Parag and Elon both lead with their hearts, and

they will be an incredible team”

April 4, 2022 Musk posted a Twitter poll asking users if they wanted an

edit button. “Do you want an edit button?” Musk asked in

the tweet, in response to which Agrawal said the

consequences of the poll will be important. “Please vote

carefully,” he tweeted

April 4, 2022 In his first tweet since the disclosure of his stake in

Twitter, he said, “Oh hi lol”

March 26, 2022 Musk said Twitter failing to adhere to free speech

principles fundamentally undermines democracy and asked if

a new platform was needed

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 94,707.37 0.63%
ethereum
Ethereum (ETH) $ 3,341.68 1.04%
tether
Tether (USDT) $ 0.99947 0.05%
xrp
XRP (XRP) $ 2.17 1.49%
bnb
BNB (BNB) $ 693.65 0.97%
solana
Solana (SOL) $ 185.93 0.67%
dogecoin
Dogecoin (DOGE) $ 0.314318 1.41%
usd-coin
USDC (USDC) $ 1.00 0.22%
staked-ether
Lido Staked Ether (STETH) $ 3,340.96 1.18%
cardano
Cardano (ADA) $ 0.888221 4.21%
tron
TRON (TRX) $ 0.260706 3.49%
avalanche-2
Avalanche (AVAX) $ 37.00 0.42%
the-open-network
Toncoin (TON) $ 5.78 1.47%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,980.01 0.64%
chainlink
Chainlink (LINK) $ 21.99 2.10%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 2.18%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,467.31 0.77%
sui
Sui (SUI) $ 4.15 0.10%
bitget-token
Bitget Token (BGB) $ 8.02 5.68%
stellar
Stellar (XLM) $ 0.354046 0.46%
hedera-hashgraph
Hedera (HBAR) $ 0.278794 2.14%
polkadot
Polkadot (DOT) $ 6.96 1.08%
weth
WETH (WETH) $ 3,338.71 0.95%
hyperliquid
Hyperliquid (HYPE) $ 26.69 3.05%
bitcoin-cash
Bitcoin Cash (BCH) $ 444.68 2.62%
leo-token
LEO Token (LEO) $ 9.17 0.63%
uniswap
Uniswap (UNI) $ 13.35 2.06%
litecoin
Litecoin (LTC) $ 102.22 0.96%
pepe
Pepe (PEPE) $ 0.000018 5.20%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,525.55 0.99%
near
NEAR Protocol (NEAR) $ 5.17 2.67%
ethena-usde
Ethena USDe (USDE) $ 0.999182 0.14%
usds
USDS (USDS) $ 1.00 0.26%
internet-computer
Internet Computer (ICP) $ 10.31 0.61%
aptos
Aptos (APT) $ 8.80 0.02%
aave
Aave (AAVE) $ 324.85 1.82%
crypto-com-chain
Cronos (CRO) $ 0.149438 0.55%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.483192 1.93%
mantle
Mantle (MNT) $ 1.20 2.89%
ethereum-classic
Ethereum Classic (ETC) $ 26.23 2.82%
vechain
VeChain (VET) $ 0.046259 0.15%
render-token
Render (RENDER) $ 7.06 0.73%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.56 23.27%
whitebit
WhiteBIT Coin (WBT) $ 24.59 0.14%
monero
Monero (XMR) $ 191.31 1.25%
mantra-dao
MANTRA (OM) $ 3.70 1.86%
bittensor
Bittensor (TAO) $ 474.03 1.88%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.33 6.73%
dai
Dai (DAI) $ 1.00 0.12%
arbitrum
Arbitrum (ARB) $ 0.764629 2.77%