Elon Musk Reveals What He’ll Do If Twitter Rejects His Offer to Sell

Tesla and SpaceX founder and CEO Elon Musk announced early Thursday he had made an offer to buy social media giant Twitter, but it’s not clear if the company will sell, even though he offered more per share than the company’s stock is currently worth.

But even if the board declines his offer, that won’t mean the end of it, according to Musk himself.

During a TED talk later in the day, Musk was asked if there is a plan in place should Twitter refuse his offer.

“If in this case you are not successful in that the board does not accept your offer, you’ve said you won’t go higher, is there a plan B?” Musk was asked.

“There is,” Musk responded while smiling.

Musk was asked about his back-up plan, but he declined to elaborate, saying he would discuss it later.

“I think it’s very important for there to be an inclusive arena for free speech,” Musk said during the event. “Twitter has become kind of the de facto town square, so it’s really important that people have both the reality and perception that they’re able to speak freely within the bounds of the law.”

He also said he believes it is important to make Twitter’s algorithm open source and that any actions the company takes against posts and tweets should be thoroughly explained to avoid “behind-the-scenes manipulation” and censorship.

“It’s important to the function of democracy, it’s important to the function of the United States as a free country and many other countries, and to help freedom in the world more broadly than in the U.S.,” Musk said. “Civilizational risk is decreased the more we can increase the trust of Twitter as a public platform, and so I do think this will be somewhat painful.”

“My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization,” Musk said. “I don’t care about the economics at all.”


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