Liberals are having an epic meltdown on Twitter after the platform reportedly reached an agreement with Tesla CEO Elon Musk for Musk to finally acquire the platform.
A letter filed with the Securities and Exchange Commission (SEC) by Musk’s legal team on Tuesday said he renewed his original offer to buy the company for $44 billion at $54.20 a share:
“On behalf of X Holdings I, Inc., X Holdings II, Inc. and Elon R. Musk (the “Musk Parties”), we write to notify you that the Musk Parties intend to proceed to closing of the transaction contemplated by the April 25, 2022 Merger Agreement, on the terms and subject to the conditions set forth therein and pending receipt of the proceeds of the debt financing contemplated thereby, provided that the Delaware Chancery Court enter an immediate stay of the action, Twitter vs. Musk, et al. (C.A. No. 202-0613-KSJM) (the “Action”) and adjourn the trial and all other proceedings related thereto pending such closing or further order of the Court.”
After the news went public, several prominent liberals expressed apparent outrage over the deal’s pending success.
Adam Parkhomenko, a self-described strategist for the Democratic Party, tweeted that Musk would shut liberal accounts down to silence them.
“Elon Musk didn’t like that we were all laughing at him for being a gutless chickenshit so he’s going to buy twitter and shut us all up,” he tweeted.
NBC News journalist Ben Collins tweeted that the deal would eliminate “guardrails” on the platform.
“If Musk is really taking this site private, there are no real guardrails anymore. Rulemaking can be capricious,” he tweeted. “He can elevate any idea or person he wants through recommendations and UX choices and there will be no oversight on this as a private company.”
Collins also claimed that authoritarian governments will benefit from Musk's acquisition of the Big Tech giant.
“...Abandonment of traditional moderation policies. Stuff like Pizzagate — pushed by bots and liars — will be protected. Disinfo campaigns will top trending topics and drive news cycles,” he added. “Authoritarian governments will have a field day.”
Musk first said he would buy the company to promote free speech on the platform, and slammed Twitter earlier in the year for censoring content.
“Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” he tweeted in March.
He later reaffirmed his support for free speech and said that “[f]ree speech is essential to a functioning democracy.”
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