Tag: Twitter

Tesla CEO Elon Musk gave the strongest hint yet Monday that he would like to pay less for Twitter than his $44 billion offer made last month.

Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter. Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days, at prices ranging from $872.02 to $999.13.

Perhaps no group of people is more alarmed about Elon Musk’s apparent plan to make Twitter a free speech free-for-all than those most likely to be targeted for harassment: women, racial minorities and other marginalized groups.

Coming up with $44 billion to buy Twitter was the easy part for Elon Musk. Next comes the real challenge for the world’s richest person: fulfilling his promise to make Twitter “better than ever” as a lightly regulated haven for free speech.

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world’s richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.