Why Twitter would reconsider Elon Musk’s buyout deal

When Elon Musk offered to buy Twitter for $43 billion 10 days ago, the platform didn’t welcome him with open arms.

The Tesla and SpaceX CEO is in some ways Twitter’s biggest fan—he uses the platform to share views and news to such an extent that the US Securities and Exchange Commission stepped in to require that company lawyers help moderate his feed. This month he temporarily became the platform’s biggest shareholder. But he also loves to troll Twitter, arguing that it doesn’t respect free speech because of its content moderation rules, and that he could run it better than its current ownership.

Twitter initially responded with a “poison pill” defense that would dilute the value of Musk’s shares, if triggered, and make any takeover effort very expensive. Now there may be a new twist: The Wall Street Journal reported on Sunday (April 24) that Twitter is in talks with Musk.

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