Itโs Official! ELON MUSK BUYS TWITTER
25 Apr 2022
CLAY: Breaking news! We need to add a breaking news sounder to the showโs audio here. I was hoping weโd get to announce this before the show ended today. Twitter has officially been purchased by Elon Musk. The news literally just broke within the last minute or two. They have stopped the trading of Twitter stock. I am reading directly from CNBC.com.
Headline: โTwitter Accepts Elon Muskโs Buyout Deal. Twitterโs Board Has Accepted Billionaire Elon Muskโs Offer to Buy the Social Media Company and Take It Private โ The announcementโฆโ Iโm reading directly from CNBC. โThe announcement ends a week-long saga kicked off when Musk offered to buy the company at $54.20 per share.โ
They adopted a poison pill in an attempt to find another bidder, but this is now official. They have announcedโฆ This is a massive, massive win, Buck. For people who value an open marketplace of ideas and believe in a robust debate, this is exactly what our country has needed. Weโre starting to stack some dubs, Iโm telling you โ
BUCK: Yeah.
CLAY: โ as sanity is starting to return.
BUCK: This is huge, folks. I honestly believe because thereโs also gonna be some second-order effects on some of the other platforms who are gonna realize, you know, right now the system is: You say something on YouTube โ letโs say about masks โ thatโs true but they say itโs not true โ you put that same content on Facebook, you put that up on Twitter; they all ban you, right?
And so where do you go? You had nowhere to go, basically. Rumble. I mean, thereโs some startups and some places where you can go. But you donโt have the same reach yet. I wish those companies well. I use them and we post on them and weโre trying to help and be a part of that too.
But when one of the megaplatforms, one of the big players already is going to allow free speech, thatโs going to be such a market advantage that Facebook now, when they do their, โOh, you violated our terms of service guidelines.โ Youโd be like, โAll right. So, Iโm just doubling down on Twitter now,โ and thatโs gonna have a huge impact โcause I think theyโre not gonna be able to continue.
When everybody is in on the censorship game, when thereโs censorship collusion, itโs easy to crush an idea like โmasking on planes is moronic,โ which it was, by the way. But now they wonโt be able to do that anymore. Not the same thing, assuming Elon follows through on everything he says.
CLAY: Well, it seemsโฆ Itโs a done deal, fait accompli, according to the reports. They stopped the trading of the stock.
BUCK: No, I mean if he does it when heโs running it.
CLAY: Oh. Yeah, heโs bought the company. Right. Weโre hoping.
BUCK: This is In Elon We Trust, Clay. Thatโs whatโs going on here.
CLAY: Yeah, right. And, look, youโre talking about a guy who is the most influential, powerful person in the world now. When you look at running SpaceX, running Tesla, and now owning Twitter, Elon Musk is the most powerful person in the world, and I hope that he is going to live up to the First Amendment ideals that he has continued to espouse.
Man, if he does, this changes everything, and obviously a big topic Iโm sure weโll debate and discuss it tomorrow, Buck, will be whatโs gonna happen with President Trumpโs account? But go on down the line. Whatโs gonna happen to the Babylon Bee, to Alex Berenson, to the innumerable people that have been banned?
BUCK: Do we have to throw a โWelcome Back, Berensonโ party here on the show?
CLAY: We need to get him on tomorrow.
BUCK: I think we gotta have a, โWelcome back, Berenson,โ moment here โcause weโve been trying to get Alexโs word out there to the world. Soon heโll be able to do it on Twitter.
CLAY: What a day.
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