Elon Musk has a Plan B for Twitter. Let’s see which one
As expected, Elon Musk's offer on Twitter, although economically viable, has sparked an uproar within the company and among shareholders. One of the largest shareholders, Saudi Prince Alwaleed, has already said that the offer is not satisfactory for him, as he believes that potential value is higher. Too bad that, as soon as his opposition was known, the stock canceled its earnings, a sign that shareholders are more interested in Elon Musk's promises and money than in the prospects that come from Arabia.
It is somewhat impressive to see that an operation based on freedom of speech is stopped not the Prince of a state that certainly does not make it a basic element of this principle. This alone should cast doubt on the side that is defending the current Twitter board. But Elon Musk has already made it clear that if his offer is not accepted, he already has a plan B ready.
"If in this case you are not successful, you know, the board does not accept your offer, you've said you won't go higher. Is there a plan B?" @elonmusk : "There is."
– Townhall.com (@townhallcom) April 14, 2022
Because the hatred of free speech is such that there has even been talk of a poisoned pill prepared by management and employees against a possible takeover of musk.
What could be Elon Musk's “Plans B”?
- The first is trivially to reach not all of the shares, but a qualified majority, thus converting the company from a listed public company to a private company not listed on the stock exchange, therefore with much more flexible and less controlled management tools. In this case, those who do not take advantage of the advantage price offered by a male remain a shareholder of the company, but without real management powers and, above all, without being able to see their shares on a market, but having to wait for a possible private offer. However, it would be an uncomfortable minority, but at the same time the investment would be much less than the total purchase of Twitter of over 40 billion. Could get away with half.
- After taking note of the impossibility of buying Twitter, and playing one-way advertising resulting from the operation, elonmusk could get rid of its shares already purchased, get back its money and invest in a truly free social media on a global scale. A competitor for Twitter and Facebook with strong capital and founded on free speech.
From a communicative point of view, Elon Musk is taking full advantage of the communication he is doing, presenting himself as a champion of freedom. In this case he really likes to win easy, because Twitter has been anything but a free place for some time now. Musk said that free speech is "Making those who say what you don't like can say it," a modern paraphrase of a well-known phrase attributed to Voltaire.
. @elonmusk : "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech." pic.twitter.com/BI9zaNmzlb
– Townhall.com (@townhallcom) April 14, 2022
Obviously in the “Liberal” world of social media this statement sounds like a kind of blasphemy and above all it would leave the various censors and biased fact checkers (that is everyone…) unemployed.
This is why Musk has so many enemies.
PS: if twitter changes, Facebook will have to change too …
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The Elon Musk article has a Plan B for Twitter. Let's see which one comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/elon-musk-ha-un-piano-b-per-twitter-vediamo-quale/ on Thu, 14 Apr 2022 19:42:29 +0000.