Elon Musk's big thing on free speech...
Tesla and SpaceX CEO Elon Musk has taken the social media platform to his name for $ 44 billion. Although Musk had prepared a fund of $ 46.5 billion to buy it. Let us tell you that Musk last week offered to buy all 100 percent of Twitter's shares and make it a private company at a price of $ 54.20 per stock. At present, this deal has now been done for $ 44 billion and Musk has bought a 100 percent stake in Twitter. According to the information, Musk has taken this decision in view of free speech.
How to buy Twitter?
Musk raised $ 46.5 billion in funds to buy Twitter. It has invested about $ 33.5 billion from its side. At the same time, it includes $21 billion in shares and $12.5 billion in margin loans. Apart from this, many banks including Morgan Stanley have given $ 13 billion together.
Had already taken a 9.2 percent stake...
On march 14, 2022, Elon Musk announced the purchase of a 9.2 percent stake in Twitter. At present, Allen has established his ownership by buying more than 90.8 percent of shares in the company. In this context, a stock of twitter has been valued at $ 54.20. According to Reuters, now the social media platform twitter has become the name of Elon Musk.
Reasons behind buying Twitter
According to Elon Musk, freedom of speech on twitter is not as open as it should be. Because of this, he had to take this decision. On this, Elon Musk tweeted and informed what he understands by 'free speech'. He said that by "Free Speech", I simply mean that which is according to the law. I am against censorship that violates the law. If people do not want free speech openly, then they can ask the government to pass a law on it.
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