Bloomberg expects Elon Musk to drop Twitter board to buy more shares

Regarding this farce, Light mentioned earlier that "Musk"'s repeated actions on Twitter were probably because they did not want to be restricted by the fact that board members could not hold more than 14.9% of the shares, and it was likely to eat up the entire Twitter. .

Bloomberg Musk Opens Door to Pressing Twitter for Deal as He Avoids Board

According to the "Wall Street Post" citing several analysts and industry insiders, "Not joining the board gives Musk more freedom to attack Twitter on the Twitter platform." Dan Ives, managing director of Wedbush Securities, said in the report. "If Musk joins Twitter's board, his stake must be limited to 14.9 percent and help drive Twitter's strategy, but it could now be a 'game of power' between Musk and Twitter." Ives said Musk could take a hostile stance on Twitter and increase his stake in the company.”

WSJ Elon Musk, Again an Outsider at Twitter, Emerges as Unshackled Wild Card for Company

In fact, according to the current situation, "Elon Musk" is playing with cannibalizing Twitter! Even if he doesn't buy Twitter entirely, he should be quite a role player. As "Musk" asked everyone earlier, is it good for him to be a new social platform. But now that he has the opportunity to control Twitter, why should he go to the distance?

Light personally feels that "Elon Musk" is very likely to directly or indirectly control Twitter, and I believe that the upper echelons of Twitter should be in a frenzy now.

After reading this news, what do you think? Are you expecting "Musk" to buy Twitter?

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