Tesla founder Elon Musk stressed his belief that Twitter should be a platform used to proliferate the principle of free speech in a formal letter to Twitter&#8217;s Chairman of the Board Bret Taylor, an <a href="https://www.sec.gov/Archives/edgar/data/1418091/000110465922045641/tm2212748d1_sc13da.htm">SEC filing</a> reveals.
Musk, 50, made the remarks in his proposed bid to outright buy Twitter in a multi-billion-dollar cash offer.
&#8220;I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,&#8221; Musk said in the letter, referring to his recent move to become the platform&#8217;s largest individual shareholder.
&#8220;However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form,&#8221; he asserted. &#8220;Twitter needs to be transformed as a private company.&#8221;
Musk then made his &#8220;best and final offer,&#8221; suggesting that he&#8217;d likely sell his shares if his offer is not accepted.
&#8220;As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced,&#8221; he wrote. &#8220;My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.&#8221;
&#8220;Twitter has extraordinary potential,&#8221; Musk closed the letter. &#8220;I will unlock it.&#8221;
Read the letter in full, below:
<blockquote>Bret Taylor
Chairman of the Board,
I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.  
However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.
Twitter has extraordinary potential.  I will unlock it.
/S/ Elon Musk</blockquote>
Related: <a href="https://www.dailywire.com/news/breaking-elon-musk-offers-to-buy-100-of-twitter-in-cash">Elon Musk Offers To Buy Twitter In Deal Worth More Than $40B</a>
Related: <a href="https://www.dailywire.com/news/twitter-issues-press-release-addressing-elon-musks-unsolicited-bid-to-outright-buy-platform">Twitter Issues Press Release Addressing Elon Musk’s ‘Unsolicited’ Bid To Outright Buy Platform</a>
Related: <a href="https://www.dailywire.com/news/elon-musk-can-f-off-reaction-explodes-online-over-musk-bid-to-outright-buy-twitter-take-it-private">‘Elon Musk Can F*** Off’: Reaction Explodes Online Over Musk Bid To Outright Buy Twitter, Take It Private</a>

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