Elon Musk dune meme

Elon Musk will acquire Twitter for $54.20 with a valuation of $44B dollars.

  • Musk will take the company private.
  • Musk is the world's richest person.
  • The Twitter board unanimously approved the sale.
  • The stock prices 30% above the price when Musk announced his 9% stake in the company
  • Twitter will not have an analyst review after their earnings on Thursday

Shares were halted at $51.63 ahead of the announcement.

You wonder what is next. Was the board's throwing in the towel an indication that they were done with the risk of repercussions from the freedom of speech issues that the company would perpetually face.

Musk wants to bring Twitter back to the to wild wild west/open town hall again which makes you wonder if risk is back on the slanderous posts vs the company that suppresses the freedom of speech.

Of course, the world will also be wondering if Donald Trump will return and if so... when?