Elon Musk has arrived on the red carpet at the 2022 Met Gala with his mother as his date. The billionaire wore a black tuxedo while his mother, supermodel Maye Musk, opted for a long-sleeved red velvet dress.
15.04.2022 - 01:45 / deadline.com
The world’s richest man has the funds to buy Twitter. But if he can’t clinch a deal for some reason, he told a TED Talk Thursday, he’ll bring along as many shareholders as he can to reform the social media giant that’s become America’s “public square.”
“I could technically afford it. But this [deal] is not a way to make money. Having a public platform that is trusted and broadly inclusive is extremely important to the future of civilization. I don’t care about the economics at all.”
“I am not sure I will actually be able to acquire it,” he added during a Q&A, without elaborating. Twitter’s board is said to be mulling a poison pill, or shareholder rights plan, a defensive measure that makes hostile takeovers more difficult.
Twitter stock closed down 1.54% at $48.18 – well below Musk’s offer to take the company out at $54 per share, which shows a degree of investor skepticism about an eventual transaction. The stock had shot higher when he first unveiled a 9% stake in the company earlier this month.
If Musk does become the new Twitter boss, he predicted a bumpy reign given the challenges of social media. “I think there will be quite a few errors. I hope it won’t be too miserable. I just think it’s important to the function of democracy. It’s important to the function of the United States as a free country and to freedom in the world more broadly.”
Musk is a proponent of open-sourcing Twitter’s algorithms and minimizing intervention and policing content. “We want to be very reluctant to delete [Tweets] and be very cautious with permanent bans,” he said, favoring “time-outs” instead.
“It won’t be perfect, but we want it to be as free as reasonably possible.” He also wants an ‘edit’ button, which the company has been testing, and
Elon Musk has arrived on the red carpet at the 2022 Met Gala with his mother as his date. The billionaire wore a black tuxedo while his mother, supermodel Maye Musk, opted for a long-sleeved red velvet dress.
One stylish mother! Elon Musk brought a very special lady to this year’s Met Gala — his mom, Maye Musk, and the pair seemed to have a great time at the star-studded celebration of fashion.
Elon Musk brought a very special lady to this year's Met Gala — his mom, Maye Musk, and the pair seemed to have a great time at the star-studded celebration of fashion.This year's Met Gala accompanies the second part of the Costume Institute's exhibition, «In America: An Anthology of Fashion,» with the controversial theme «Gilded Glamour and White Tie.» The concept is a homage to the United States' Gilded Age, an era of immense economic growth and major industrialization, as well as massive income inequality, political upheaval, and post-Civil War racism.Musk himself has been at the center of some controversy recently and has faced criticism for his $44 billion purchase of Twitter, with critics chastising him for not spending that money on philanthropic efforts.Speaking with ET's Rachel Smith on the carpet the the Metropolitan Museum of Art in New York City on Monday, Musk defended the acquisition, arguing, «I do a lot of things philanthropically.»«Really, my companies are intended to do good for the future of humanity,» he continued. «With Tesla trying to accelerate the advances in sustainable transport and energy and SpaceX is um providing internet to the lesser [served] people of the world.»«We are able to help Ukraine with the Starlink terminals and give connectivity, particularly in some of the hardest hit areas,» Musk added.
Elon Musk is thought to have donated half a million dollars to the American Civil Liberties Union in Amber Heard's name. On Wednesday, amid Johnny Depp's ongoing defamation trial against Heard, Terence Dougherty, the Chief Operating Officer and General Counsel of the ACLU, testified about what donations the organization has received from and on behalf of the former couple.
Todd Spangler NY Digital EditorTwitter, which this week accepted a deal to go private in a $44 billion sale to Elon Musk, reported income a touch lighter than Wall Street predicated in the first quarter of 2022. But the social network blew away forecasts on earnings and user growth.Q1 revenue was $1.20 billion, up 16% year-over-year, reflecting “headwinds associated with the war in Ukraine,” according to Twitter.
EXCLUSIVE: Banijay Mexico & U.S. Hispanic launched last year with seasoned showrunner Marie Leguizamo and the company has revealed its first moves.
Twitter announced on Monday that they have agreed to Elon Musk acquiring the social media platform for $44 billion, and now some of the biggest names in Hollywood are reacting to the change in ownership of Twitter. It appears stars have mixed feelings about Musk’s purchase.
2022 Latin American Music Awards brought out some of the biggest artists for a performance-packed show on Thursday, hosted by Rafael Amaya, Jacqueline Bracamontes, and Cristián de la Fuente.Going into the big night — held at the Michelob ULTRA Arena at the Mandalay Bay Resort and Casino in Las Vegas, Nevada -- Bad Bunny led the pack of nominees with 10 nods in total, followed closely by Jhay Cortez with eight noms while J Balvin, Karol G, and Rauw Alejandro each had seven apiece.One particularly meaningful award given out was the Extraordinary Evolution award, presented to Mexican singer Christian Nodal. The award is a special honor presented to a young performer who has demonstrated change and accelerated growth as an artist.
Elon Musk is the richest man on the planet, and according to Forbes, he has an estimated fortune of $272.5 billion. With a fortune like that, many people would think the tech mogul owns multiple properties in the United States, castles in Europe, extravagant residences in Asia, or even a private island in the Caribbean. But, in actuality, Musk seems to live a very different life.
Camila Cabello is promoting her new album Familia and appearing on James Corden’s “Carpool Karaoke” to do more than sing along. During the segment, The Late Late Show host asked the 25-year-old singer about her life, including when she crossed the Mexican border to the United States with her family.After singing a few classic hits, including “Havana” and “Bam Bam,” James asked Camila if she was willing to get strapped into a lie detector machine.
Twitter said Friday it’s Board of Directors has unanimously adopted a limited duration shareholder rights plan, also called a poison pill, following Elon Musk’s unsolicited proposal to acquire the social media company.
Elon Musk is addressing his enormous bid to own Twitter.
Elon Musk has confirmed his interest in becoming the outright owner of Twitter and says he has submitted a bid to purchase the social media company. Musk says he feels he can unlock the "extraordinary potential" of Twitter, which he bought a 9.2% stake in just 10 days ago. Musk, the world's richest man through his business interests in Tesla and SpaceX, used Twitter to share a link to a regulatory filing on Thursday, confirming that he had launched a takeover bid.