Elon Musk has made an offer to buy Twitter. The Tesla CEO, who recently became the social media platform’s largest shareholder, has proposed purchasing the company at $54.20/share. Musk says the social media platform should be transformed into a private company.
Musk already has a 9.2% stake in Twitter, which amounts to 73,486,938 shares in the company. Many expected him to join the company’s board after becoming its largest shareholder, but Musk decided against it. In the past, he has criticized the platform for censoring high-profile conservatives including former President Donald Trump. He has also recently asked followers on social media for their feedback on changes he’d like to see made by the platform including the addition of an edit button.
In an SEC filing, Musk wrote that he invested in Twitter because he believes in the potential of the platform.
“I believe free speech is a societal imperative for a functioning democracy,” Musk wrote. “However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form.”
Musk made it known in his letter to Twitter Chairman Bret Taylor that if the company isn’t interested in his offer he will need to reconsider his position as shareholder. According to Bloomberg, Musk is worth roughly 260 billion dollars. Twitter’s market valuation is near $37 billion. CNBC says Musk’s offer elevates the social media company’s overall value to about $43 billion.
More on this story as it develops.
Joe Rogan: “Marijuana Is the Perfect Drug for Me”
Rogan revealed that marijuana helps him regulate his personality
Podcaster Joe Rogan revealed that marijuana helps him regulate his personality. Rogan made the admission on episode #1824 of “TheJoe Rogan Experience” Thursday.
A transcript posted on Mediate details a conversation that Rogan had with MIT scientist and podcaster Lex Fridman. The conversation about drugs started with a talk about the Johnny Depp defamation trial.
Fridman joked that Rogan could be an expert witness on drugs and alcohol for the trial. “No, I can’t be on drugs cause I — there’s too many drugs I’m uninitiated in like no cocaine experience whatsoever. None.”
Fridman responded by asking Rogan if there’s a part of his life where he wishes he would have experienced that?
“It’s good to get crazy. Getting crazy is good for comedians. Like it’s good to get drunk. It’s good to get — I have a very specific kind of mind where my ego should not be encouraged,” Rogan said.
“Marijuana is the perfect drug for me. Cause marijuana calms me down, makes me sweeter, much more friendly, much more affectionate, much more kind, much more generous, and more creative,” added Rogan.
FOX Nation Will Stream Debates Between Prominent Senators
The first debate will feature Lindsey Graham (R-SC) and Bernie Sanders (I-VT). The event will be moderated by Bret Baier.
FOX Nation will stream a series of debates between prominent U.S. Senators starting next month called “The Senate Project.” The first debate will feature Lindsey Graham (R-SC) and Bernie Sanders (I-VT). The event will be moderated by Bret Baier.
In a release, the network said, “in a time of deep political polarization in America—and a 50-50 split between Democrats and Republicans in the Senate—the goal of The Senate Project is for the public to hear leading senators from competing ends of the political spectrum.”
The debates will be 60-minute Oxford-style debates which will allow senators to engage in extended, thoughtful, wide-ranging debate while exploring areas of constructive disagreement and searching for the bipartisan compromise that has been a hallmark of the Senate for more than two centuries.
The second debate, hosted by the Bipartisan Policy Center, will be held in July at George Washington University, carried live and on-demand across C-SPAN platforms, including streamed on C-SPAN Now. A third debate will be held by the Orrin G. Hatch Foundation in Utah this fall.
“We initiated this idea in response to what is the most serious division in this country in decades,” said Bruce A. Percelay, chairman of the board of the Edward M. Kennedy Institute. “It is our hope that this effort will help demonstrate that compromise in the U.S. Senate is actually possible.”
“We are pleased to partner with the Bipartisan Policy Center, the Orrin G. Hatch Foundation, and the Edward M. Kennedy Institute to present this full debate without interruption to our FOX Nation subscribers,” added Jay Wallace, President & Executive Editor of FOX News Media.
The Senate Project kicks off at 12 noon EDT on Monday, June 13.
Cenk Uygur: No Legislative Action Will Follow After Uvalde Shooting
“Democrats are not holding vote on gun control because they want to use the sympathy for the dead kids in Texas to get votes,” Uygur tweeted.
Details regarding the mass shooting at an elementary school in Texas that left 19 children and two adults dead continue to trickle out.
Although the information is graphic and has left the country reflecting, Young Turks founder Cenk Uygur doesn’t believe any legislative action will follow.
“Democrats are not holding vote on gun control because they want to use the sympathy for the dead kids in Texas to get votes,” Uygur tweeted. “They’re worried that if they hold vote on gun control, Republicans will use that against their beloved moderate Democrats. Who can stomach these cowards?”
Uygur even lashed out at the “mainstream media,” foreshadowing outlets and commentators would explain the “strategy” of non-action in the wake of the shooting.
“This is when mainstream media will administer a heavy dose of tranquilizing drug of gradualism,” Uygur added on Twitter. “They’ll write articles about how strategic it is for Democrats to do nothing and Republicans to resist them. They’ll tell you why it’s so smart to do nothing until you’re back asleep.”