Sunday, May 22

Business

Elon Musk launches a political and economic takeover on Twitter

Elon Musk launches a political and economic takeover on Twitter

Business
Already the largest shareholder in the social network, the whimsical founder of Tesla and SpaceX announced Thursday a takeover bid to acquire Twitter and take it off the stock market. His motives are questionable. 54.20 dollars. That's the very serious amount at which Elon Musk has offered to buy Twitter's shares... But it's also a nod to cannabis, nicknamed "4/20" in American slang, in reference to the habit of smoking joints at 4:20 in the afternoon. As is often the case with the founder of Tesla and SpaceX, entrepreneurial flamboyance rubs shoulders with potty provocation, with a consummate art of counterpoint. The surprise takeover bid, launched on Thursday 14 April by the richest man in the world, has plunged the business and media world - and Twitter - into a moment of surreal exc...