THE TWITTER SAGA Perhaps no one story has been more reported on recently than Elon Musk's takeover of Twitter. It was a long time coming, and just as I expected, he did not get off to a good start. In this post, I will run through a timeline of this takeover. Under each day is a brief description and if you want more info, you can click the link to the blog post that will expand upon it. APRIL 14th, 2022 Elon Musk announces he wants to buy Twitter for $44 Billion. https://politicsshapemedia.blogspot.com/2022/11/the-twitter-saga-april-14th.html JULY 8th-12th, 2022 Musk attempts to back out of deal, then gets sued by Twitter. https://politicsshapemedia.blogspot.com/2022/11/the-twitter-saga-july-8th-12th.html OCTOBER 27th, 2022 Musk officially buys Twitter, beginning the insanity that is the takeover. https://politicsshapemedia.blogspot.com/2022/11/the-twitter-saga-october-27th.html NOVEMBER 3rd, 2022 Layoffs begin at Twitter. https://politicsshapemedia.blogspot.com/2022/11/the-twitt...
The Twitter Saga April 14th, 2022 On April 14th, Elon Musk reached out to Twitter with an offer to buy 100% of Twitter at 54.20 per share. This is a valuation of about $43 billion. Oftentimes this number is presented exactly how I just did it, but I want to put the true scale of that number in context. A normal salary could be $43k per year. Written in full, this would look like this: $43,000 A 3 bedroom house nowadays may cost $430k. In full, that looks like this: $430,000 A mid-budget movie may have a budget of $43 million, which looks like this: $43,000,000 The cost of the Twitter deal looks like this: $43,000,000,000 If you wanted to count to 43 billion and you counted up one number every second with no break to sleep, drink, or eat, it would take you over 1,636 years to do . When you start looking into the true scale of a billion, you gain perspective on just how much money the ultra-rich have. When this was announced, nobody had any i...