Chow to go from being the richest man in the world to being the most indebted man? It wasn’t by treating himself to a billionaire’s vacation – he never takes one – or by investing in real estate splurges – he recently resold his six Los Angeles villas. No, the answer is simple and fits in much less than 280 characters: it is by proposing, on April 25, after a lightning attack, to buy Twitter for a check of 44 billion dollars.
By offering a 38% premium to its stock market value, Elon Musk not only gets his hands on the microblogging site created in 2006, but he removes it from Wall Street, which leaves him the free field to redesign it as he pleases.
“Freedom of expression is the basis of a functioning democracy…
JIM WATSON/AFP – Alfonso Duran/NYT-REDUX-REA – Twitter Elon Musk (x3) – DR/ANDBZ/ABACA – Screenshot Neuralink.com – OPENAI – Solarcity – Boring Company/ZUMA Press/REA – UPI/Newscom/SIPA – TESLA – PATRICK PLEUL/AFP
You are currently reading : Inside Elon Musk’s head