What is The Real Reason Elon Is Buying Twitter

Elon Musk, the billionaire, has proposed to acquire Twitter for approximately $41 billion, just days after declining a position on the social media company's board of directors. Musk's bid price of $54.20 per share, published in a regulatory filing on Thursday, is a 38 percent premium to Twitter's April 1 close, the final trading day before the Tesla CEO's more than 9% holding in the business became public. Twitter's stock soared 13% in premarket trading.

Welcome to our latest topic, in this video we will discuss about the real reason why Elon Musk The world's wealthiest man is committed to preserving Twitter as a platform for himself and others to influence large audiences without hindrance.
So, why would the world’s richest person want to buy into Twitter?
I want to tell you what I think is the real reason why Elon wants to buy Twitter. Let’s have a quick game. Think of a card, but only in your head. Three, Two and one.
The ace of spades sprang to mind. Right? The reason for this is that, statistically, most people pick the ace of spades to play. The way I thought about magic as a child was that you could change people's minds. As an adult, I found out what the truth was.

Elon Musk don't want to control or Change people's mind. We are.
You may have heard that Elon Musk is intending to acquire Twitter. There were over 2.8 million people who voted for him to take Twitter public at 54 dollars and 20 cents a share, which would have a market value of 43 billion dollars.
As of now, Twitter's market capitalization is currently about 37 billion dollars, which means he is technically offering a six-billion-dollar premium above the sticker price, but that is not the most interesting aspect. Consider the following: Twitter now has approximately 768 million outstanding shares, which is the total number of shares available.
If you take that number and multiply it by four dollars and twenty cents, you get 3.2 billion dollars.
A massive majority of people, 83.5 percent, have now expressed their support for making Twitter private, which is critical not only for Twitter shareholders, but also for those who hold cryptocurrencies such as bitcoin, particularly dogecoin, and, most importantly, what it means for free speech on the social media platform. An intriguing narrative with much more to it than meets the eye is presented in this piece.
So, In today’s video here are some things I would like to cover and explained to you:
Why Elon is buying twitter: How this will affect you? what he's actually going to do if he does this? Also let’s talk about some of the benefits and downsides if he does it. I can't wait.
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Stand-up comedian Dave Chappelle once said, "Twitter is a bathroom wall." Even though the messages aren't the most pleasant, they must be read because we have to use the restroom on occasion and can't help but notice them. Now here's the thing about public companies like Twitter they have something called a board of directors, which is comprised of independent directors. The board of directors of a publicly traded corporation is elected by the firm's shareholders. One share equals one vote, and these individuals have the authority to make decisions on matters like as dividends, CEO remuneration, mergers, and, of course, the sale of the firm.
Their responsibilities as officers and directors include what are known as fiduciary responsibilities, which implies that all of their decisions must be made with the best financial interests of their investors in mind. They are required to take into consideration all and every single option that is presented to them, provided that doing so is financially feasible. And it is at this point that the story begins. The purchase of Twitter by Elon Musk has been ongoing since the beginning of this year, specifically since January. He's amassed 9.1 percent of the company's total shares, temporarily surpassing Vanguard as the company's greatest shareholder until Vanguard purchased a large number of additional stocks and surpassed him as the company's largest shareholder. When you become a large shareholder, you are typically appointed to a company's board of directors, and that is exactly the job that Twitter offered Elon. But this is not always the case, there was a snag in the plan.