Of course, as this editor was finishing up the other story we wrote about Elon Musk this morning, news of him making a tender offer in an attempt to publicly take over Twitter broke. Awww yes, the joy of covering the crazy that is social media.

And you guys wonder why we all drink so much coffee.

This though … could get real interesting, real fast.


From Newsmax:

Elon Musk has secured a funding commitment of $46.5 billion to buy Twitter Inc. and is planning to start a tender offer for its shares, a filing with the Securities and Exchange Commission showed on Thursday.

Musk himself has committed to put up $33.5 billion, which will include $21 billion of equity and $12.5 billion of margin loans, to finance the transaction.

Banks, including Morgan Stanley, have agreed to provide another $13 billion in debt secured against Twitter itself, according to the filing.


You may be asking yourself what a ‘tender offer’ means.

We were.

Whoohoo for the Internet!


Yes, we had a similar reaction.





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