“Oh, my MysticLord, I cannot believe this!” Scorch exclaimed.
“What happened?” Felix said.
“Elon Musk has struck a deal to buy Twitter!” Scorch said.
Scorch explained, “Musk is a businessman. Twitter is a social networking service.”
“When did this happen?” Orak said.
“It was quite sudden. Less than two weeks ago, Musk made Twitter an offer. The board of Twitter has now agreed to the $44bn (£34.5bn) offer from Elon Musk,” Scorch said.
“The board of a company is the governing body of the company. It oversees the management of the company,” Scorch added.
“So, Musk is set to buy Twitter now?” Verum said.
Scorch nodded and said, “Musk is the richest person in the world. He is the founder of Tesla, the electric vehicle company. He has also founded SpaceX, an aerospace company, to send rockets to space!
Twitter is a public company. It means the general public can buy and sell its shares. Shares are units of ownership in a company. People who own shares are called shareholders. They are the owners of the company. Twitter is going to ask its shareholders to vote to approve the deal.”
“Will Musk make changes in Twitter?” Verum said.
“He said that Twitter had tremendous potential he wanted to unlock. He is going to remove all the fake accounts and make sure there’s free speech on the platform. Freedom of speech is the right to state one’s opinions and ideas without being punished. Musk also plans to add new features.
Do you guys know that on 21st December 2017, Musk tweeted stating, ‘I love Twitter’. A Twitter user then replied to his tweet asking him to buy it. To this, Musk had replied, ‘How much is it?’ And some four years later Musk is an inch closer to actually owning Twitter. Talk about dreaming big and making it true,” said an amazed Scorch.
“That’s amazing. I dream of owning the moon, the stars, and our Milky Way!” replied Felix.
“I shall not allow that,” chuckled Orak, adding further, “However, I am eager to see all the cool things Musk brings to Twitter!”