Elon Musk sent everyone in shock when he announced his Twitter deal. Moreover, Musk has on numerous occasions stated that he would like to bring changes to the platform. And to make this dream turn into reality, he recently made a massive move to purchase 9% shares of the company valued at $3 billion.
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But this isn’t the only extent of that story, as the Tesla owner wasn’t satisfied being a major stakeholder. He now made a rather shocking bid to purchase the entire social media platform for a whopping $41.39 billion according to a report by Sky News. Call of Duty streamer and news vendor compared the deal with Microsoft’s takeover of Activision/Blizzard. It turns out, that the gaming studio carried a far greater price tag than the biggest social media website.
Elon Musk has offered to buy twitter for $41.39 billion.
Earlier this year Microsoft announced that it was acquiring Activision Blizzard for $68.7 billion.
Activision was worth more than twitter, one of the largest social media networks in the entire world. 🤯
— ModernWarzone (@ModernWarzone) April 14, 2022
Fans come up with curious theories surrounding Elon Musk, Twitter, and more
The community wondered why Musk would wish to invest such a massive amount when he owns a big chunk already. He also pondered on the fact that Microsoft may have paid far more than needed to acquire the American gaming giant, which could have produced this difference.
Elon musk already owns 11-14 pct of Twitter doesnt he? He’s not going to buy what he owns. And maybe Microsoft overpaid or musk is trying to underpay
— Michael (@Michael65279366) April 14, 2022
Social media platform like Twitter offers a lot of holds on over the general population, and what can and cannot be shown. An application or website of such magnitude should attract a much higher price believes this user.
I think the right to control how millions of users are allowed to use their “freedom of speech” on a private social media network is worth a lot more to some interests than the yearly revenue generated from video games.
— ModernWarzone (@ModernWarzone) April 14, 2022
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The move that is being made has an insane difference, as Microsoft is a trillion-dollar tech giant, while in this instance one man is shaking up the world. The difference between the offered price has something to do with the above fact.
Yeah… but youre thinking of it wrong.
That was Microsoft (a trillion dollar company) buying a company.
This is ONE MAN
— Andrew V. (@ALV550) April 14, 2022
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Musk also took aim at Take-Two Interactive as well in a Tweet. The billionaire shared a meme about GTA V and how Rockstar Games continues to milk it day in and day out. He was even quizzed by fans if he would ever be interested in buying majority stakes of the parent company. Musk promptly responded with a single letter response that speaks volumes about his power.
