In this podcast episode about popular culture, "Elon Musk buys Twitter" & the impact it will have on major social media platforms. The Billionaire, Genius, Rocket Scientist & Avid Twitter User, Elon Musk recently reached a deal to buy majority ownership of Twitter for $44 billion. What does it mean moving forward for online speech and will it have an impact on other social media platforms? Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over the influential social network frequented by world leaders, celebrities, and cultural trendsetters. Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the biggest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic.
Source courtesy of New York Times.
The Podcast Transcript is available at karatjuicepodcast.com.
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