Episode Summary
In this podcast episode about popular culture, “Elon Musk buys Twitter” & the impact it will have on major social media platforms. The Billionaire, Genius, Rocket Scientist & Avid Twitter User, Elon Musk recently reached a deal to buy majority ownership of Twitter for $44 billion. What does it mean moving forward for online speech and will it have an impact on other social media platforms? Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over the influential social network frequented by world leaders, celebrities, and cultural trendsetters. Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the biggest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic.
Elon Musk Twitter
What does Elon Musk’s purchase of twitter mean for the social media platform moving forward?
Source courtesy of New York Times.
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