On April 13, he had a letter delivered to Twitter HQ with a proposal to purchase all outstanding shares of the company for $54.20 each. In the letter to Bret Taylor, chairman of Twitter’s board of directors, Musk outlined his seemingly noble motivation for the buyout by stating, “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,”
However ‘for the good of humanity’ Musk thinks his proclamation might be, this offer, which would end up costing him $44 billion, would essentially see control of Twitter in the hands of a single individual. One with a lot of money, power, and influence. He is after all the world’s richest man.
