Twitter users have threatened to deactivate their accounts after reports that Twitter may approve Elon Musk’s offer to buy the technology giant on Monday.
“#RIPTwitter” was trending on Twitter after multiple sources reported that Twitter’s board could approve Musk’s offer to buy the company for $54.20 per share as soon as Monday. Musk made a $43.4 billion offer to buy the company earlier this month.
“Not sure I am interested in Twitter if Elon Musk owns it,” CNN contributor John W. Dean tweeted late Sunday.
Not sure I am interested in Twitter if Elon Musk owns it.
— John W. Dean (@JohnWDean) April 24, 2022
For those of you who are saying you’re going to leave Twitter if Elon Musk acquires it…just remember, it’s going to take months to close this transaction. So don’t start deleting your accounts yet. And you shouldn’t delete your account anyway, just stop tweeting if you must!
— Yashar Ali 🐘 (@yashar) April 25, 2022
Users blasted Twitter’s potential decision to sell to Musk, arguing that he will destroy the company, while others have threatened to leave the platform overall.
“Why the hell would Twitter board agree to Musk buying and destroying what they built,” former U.S. Florida Senate Candidate Pam Keith said in a tweet.
Why the hell would Twitter board agree to Musk buying and destroying what they built?
— Pam Keith, Esq. (@PamKeithFL) April 25, 2022
“Might be time to exit this platform soon,” CNBC journalist John Rosevear tweeted Monday.
Might be time to exit this platform soon. https://t.co/WvIbKQ1nk5
— John Rosevear 🇺🇸 (@john__rosevear) April 25, 2022
Musk purchased a 9.2% stake in the company on April 4 making him the largest shareholder and the time. The board initially tried to reject Musk’s offer by implementing a “poison pill” which allowed shareholders to purchase shares at a discounted price, an attempt to devalue Musk’s ownership in the company. (RELATED: Twitter Prepares Its Surrender)
If this happens, I will leave Twitter https://t.co/qhSvzyDmkk
— Chelsey B. Coombs (@chelseybcoombs) April 25, 2022
Other Twitter users mocked those who said they were abandoning the platform.
“‘You can find me on Instagram if Elon Musk buys Twitter is the new ‘I’m moving to Canada if Donald Trump becomes President,'” cryptocurrency investor Joe Pompliano tweeted.
“You can find me on Instagram if Elon Musk buys Twitter” is the new “I’m moving to Canada if Donald Trump becomes President.”
— Joe Pompliano (@JoePompliano) April 25, 2022
Twitter’s stock surged Monday before the stock market opened, increasing over 5% to roughly $51.50 per share after news broke of the deal, according to The New York Times.
Musk announced Thursday that he secured the necessary $46.5 billion to purchase Twitter.
“If our twitter bid succeeds, we will defeat the spam bots or die trying,” Musk tweeted Thursday. “And authenticate all real humans.”
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