Elon Musk raises 6 trillion yen for Twitter acquisition, declares 'to eliminate spambots when acquisition is successful'
Tesla and SpaceX CEO Elon Musk
If our twitter bid succeeds, we will defeat the spam bots or die trying!
— Elon Musk (@elonmusk) April 21, 2022
And authenticate all real humans
— Elon Musk (@elonmusk) April 21, 2022
Musk to explore potential tender offer for Twitter, has $ 46.5B in committed financing for deal
https://www.cnbc.com/2022/04/21/musk-to-explore-potential-tender-offer-for-twitter-has-46point5b-in-committed-financing-for-potential-deal.html
Elon Musk says he can get $ 46.5bn to buy Twitter • The Register
https://www.theregister.com/2022/04/21/musk_twitter_funding/
On April 14, 2022, Mr. Musk, who holds 9.2% of the issued shares of Twitter, wrote a document stating that he intends to buy Twitter for $ 54.20 (about 6800 yen) per share of non-owned shares. Submitted to the Transaction Committee. It was estimated that more than 5 trillion yen would be required to make an acquisition.
Elon Musk proposes to buy Twitter for more than 5 trillion yen, will the stock be kept private for freedom of speech-GIGAZINE
Twitter has adopted a 'shareholder rights plan' as a 'poison pill' that gives shareholders other than Mr. Musk the right to buy more shares. We have made a move to prepare for Mr. Musk's acquisition.
Mr. Musk declared in his Twitter account before 4 am on April 22nd, Japan time, 'If you buy Twitter successfully, you will get rid of spambots no matter what the difficulties.'
In addition, Mr. Musk deleted this tweet after tweeting on April 10, 2022 that 'Twitter Blue subscribers should be able to obtain the authentication check mark', but went further than that, 'All human beings I will make my account authenticated. '
Experts say that although funding is on the horizon, it is undecided whether Mr. Musk will actually make a tender offer or make other proposals against the pressure.
News site CNBC's David Faber points out that Twitter's 'poison pill' requires negotiations with the board for Musk to make the purchase.
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