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Elon Musk teases plan B if Twitter offer is rejected
Could Elon Musk shake up Twitter for the better?
Ed Yardeni and Brian Belski provide insight on the Tesla CEO’s potential influence on Twitter and the stock market on ‘Making Money.’
Elon Musk has a backup plan if his $43 billion bid to take Twitter private does not get accepted by the company's board.
"I'm not sure that I will actually be able to acquire [Twitter]," he admitted during an interview at TED2022 in Vancouver on Thursday while slamming the social media giant for being a selective, not inclusive, free speech platform.
While Musk has stated that the $54.20 per share offer is his "best and final" one, he teased that "there is" a plan B, but declined to elaborate further.
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Musk, who has referred to Twitter as the "de facto town square", has emphasized the importance of creating an "inclusive arena for free speech."
"One of the things that I believe Twitter should do is open-source the algorithm and make any changes to people's tweets, or if their emphasized or de-emphasized, that action should be made apparent so anyone can see that an action has been taken so there's no sort of behind the scenes manipulation, either algorithmically or manually," he explained.
“Healthy free speech is when someone says something you don’t like…”
"Healthy free speech is when someone says something you don't like" he quipped.