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Twitter is saved as Elon Musk files to pull out of Twitter deal [1]
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Date: 2022-07-08
Elon Musk has officially ended the deal to buy Twitter. He has his purported reasons (he wants an exact number for the percentage of bot accounts), but who knows what the real reason is. Do we care?
For now Twitter is saved from the billionaire trumpist who wanted to change Twitter in his own sordid image and let trump back in on the platform to spread his vicious lies. For now, Twitter will continue as is and trump will stay banned from Twitter. The world can heave a huge sigh of relief.
x BREAKING: Elon Musk sends letter to Twitter seeking to end $44 billion deal, citing lack of info on bot accounts.
https://t.co/pW5QDVgwCa — The Associated Press (@AP) July 8, 2022
But the drama is not over yet. Twitter is not letting Musk off the hook. Here is the Chairperson of the board for Twitter. Musk owes Twitter a billion smackeroos for breach of contract.
x The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery. — Bret Taylor (@btaylor) July 8, 2022
A good thread of why this deal failed and why it is a win for Democracy over the forces of fascism -
x 2/ First, this is significant from a disinfo and extremism perspective. Musk had every intention of using Twitter for express political and ideological purposes. That is prevented now.
More here:
https://t.co/5rSsn5A76K — Angelo Carusone (@GoAngelo) July 8, 2022
Some reactions —
Good riddance indeed
x Republican Elon Musk has terminated his Twitter deal. What did Elon gain from this charade? Nothing. His Tesla stock plummeted, he lost every liberal customer, and he embarrassed himself on the global stage. Another MAGA conman who failed to deliver on his promise. Good riddance! — Dash Dobrofsky (@DashDobrofsky) July 8, 2022
Burn baby burn.
x Elon Musk pulls out, for the first time ever
https://t.co/PeeChOoBdj — Laura Bassett (@LEBassett) July 8, 2022
MAGA world is having a sad day -
x Pardon me as I engage in the most unladylike, derisive, sneering giggles over the memory of all the Trumpsters who gloated about how Elon Musk would vanquish the libs and turn Twitter into a MAGA hellscape where Donald Trump would be king and racism would be its currency. Oops! — Mrs. Betty Bowers (@BettyBowers) July 8, 2022
This could be the reason, among others.
x OPINION: Elon Musk is bailing on his purchase of Twitter because Tesla is rapidly losing market share and his enormous crypto portfolio is tanking. Not, because there are too many bots on the platform. — Dan Clark (@DanClarkSports) July 8, 2022
All in all, it is a happy turn of events, for humanity.
x Elon Musk is no longer buying Twitter.
Great way to end the work week! — MeidasTouch.com (@MeidasTouch) July 8, 2022
What do you think?
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https://www.dailykos.com/stories/2022/7/8/2109262/-Twitter-is-saved-as-Elon-Musk-files-to-pull-out-of-Twitter-deal
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