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Twitter Inc <TWTR.N> on Monday agreed to just accept a $44 billion takeover bid from Elon Musk, giving the world’s richest particular person management of the social media firm as soon as the deal closes.
Right here’s a chronology of developments, together with some tweets from Musk, that shed some mild on his views of the corporate and free speech:
Date | Tweets and feedback from firm submitting |
April 25, 2022 | “Free speech is the bedrock of a functioning democracy, and Twitter is the digital city sq. the place issues important to the way forward for humanity are debated,” Musk tweeted after the deal was introduced. “I additionally wish to make Twitter higher than ever by enhancing the product with new options, making the algorithms open supply to extend belief, defeating the spam bots, and authenticating all people.” |
April 21, 2022 | “If our twitter bid succeeds, we are going to defeat the spam bots or die attempting!” Musk tweeted. “And authenticate all actual people,” he added. |
April 14, 2022 | “Taking Twitter personal at $54.20 must be as much as shareholders, not the board,” Musk asked in a ballot on Twitter wherein 83.5% of the responders mentioned sure. |
April 14, 2022 | Saudi Arabian Prince Alwaleed bin Talal mentioned that as one of many main shareholders in Twitter he rejected a takeover bid by Musk |
April 14, 2022 | “Nonetheless, since making my funding I now understand the corporate will neither thrive nor serve this societal crucial in its present type. Twitter must be remodeled as a personal firm,” Musk mentioned in a submitting |
April 14, 2022 | “My provide is my greatest and last provide and if it isn’t accepted, I would want to rethink my place as a shareholder,” Musk added within the submitting |
April 14, 2022 | “Twitter has extraordinary potential. I’ll unlock it,” Musk mentioned within the submitting |
April 14, 2022 | Musk tweeted saying “I made a proposal”, with a hyperlink to the corporate submitting |
April 12, 2022 | Musk was sued by former Twitter shareholders who declare they missed out on the current run-up in its inventory worth as a result of he waited too lengthy to reveal a 9.2% stake within the social media firm |
April 10, 2022 | Musk polled followers on Twitter asking whether or not the corporate’s headquarters in San Francisco must be transformed right into a homeless shelter. The tweet is now deleted. Amazon.com <AMZN.O> founder Jeff Bezos had backed Musk‘s concept |
April 10, 2022 | Twitter CEO Agrawal shared a note on Twitter saying that Musk rejected the corporate’s provide to hitch its board. Musk deleted the tweet, the place he responded with an emoticon with a face-with-hand-over-mouth |
April 10, 2022 | Musk began a ballot asking if “w” must be deleted from Twitter’s title, leaving two voting choices, “sure” and “after all.” He deleted that too |
April 9, 2022 | With respect to Twitter’s enterprise mannequin, Musk tweeted earlier than deleting it: “And no advertisements. The ability of companies to dictate coverage is vastly enhanced if Twitter relies on promoting cash to outlive” |
April 9, 2022 | Musk tweeted, “Everybody who indicators up for Twitter Blue (ie pays $3/month) ought to get an authentication checkmark” about its subscription service that gives “unique entry to premium options” on a month-to-month foundation. Later, he deleted the tweet |
April 5, 2022 | Agrawal tweeted Musk is being appointed to Twitter’s board. “He’s each a passionate believer and intense critic of the service which is strictly what we want on
@Twitter, and within the boardroom, to make us stronger within the long-term”, a follow-on tweet mentioned |
April 5, 2022 | Twitter CEO Jack Dorsey welcomed Musk to Twitter’s board in a tweet, added: “Parag and Elon each lead with their hearts, and they are going to be an unbelievable group” |
April 4, 2022 | Musk posted a Twitter ballot asking customers in the event that they needed an edit button. “Would you like an edit button?” Musk requested within the tweet, in response to which Agrawal mentioned the implications of the ballot will probably be necessary. “Please vote rigorously,” he tweeted |
April 4, 2022 | In his first tweet because the disclosure of his stake in Twitter, he mentioned, “Oh hello lol” |
March 26, 2022 | Musk mentioned Twitter failing to stick to free speech rules essentially undermines democracy and requested if a brand new platform was wanted |
—Reporting by Akash Sriram, Eva Mathews, Chavi Mehta, Tiyashi Datta and Yuvraj Malik in Bengaluru; Enhancing by Sriraj Kalluvila, Shounak Dasgupta and Amy Caren Daniel
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