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Elon Musk is reportedly seeking investors
for Twitter at $54.20 a share — the
same price he paid for it

Original Article

Posted By: Dreadnought, 12/16/2022 11:08:26 PM

Twitter appears to be struggling. Users are leaving in the platform in droves. Key advertisers are disappearing. And the bills are piling up. Now, the company is setting its sights on new investors. According to a report from Semafor, Jared Birchall, the manager for Elon Musk's family office "reached out to potential investors this week." Birchall is apparently offering shares of Twitter to investors for the price of $54.20 a piece, Semafor reported. That's the same price that Musk paid with his $44 billion takeover of the company in October.

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Reply 1 - Posted by: jntsrgn 12/17/2022 12:22:11 AM (No. 1358590)
I’ve actually read that Twitter traffic is at an all-time high.
16 people like this.

Reply 2 - Posted by: PismoPat 12/17/2022 1:31:35 AM (No. 1358613)
Business Insider is not known for accurate news.
12 people like this.

Reply 3 - Posted by: stablemoney 12/17/2022 3:01:42 AM (No. 1358627)
Twitter was a tool of Homeland Security and other government agencies that propped it up with in kind contributions. The company is now private. It is not worth $54 a share.
2 people like this.

Reply 4 - Posted by: lakerman1 12/17/2022 5:48:50 AM (No. 1358648)
Kevin McCarthy, aka Mr. Wonderful, should have put his 50 million dollar invstment into the new Twitter, instead of the big haired California hyphenated spoiled brat's crypto crap.
2 people like this.

Reply 5 - Posted by: Subsuburban 12/17/2022 6:25:23 AM (No. 1358652)
For those of you who are unfamiliar with "Business Insider" (an ironic name for a site that eschews anything "business-like" in its reporting standards), it is a left-wing propaganda organ. Believe nothing contained within it.
15 people like this.

Reply 6 - Posted by: Strike3 12/17/2022 7:40:40 AM (No. 1358690)
Bullcakes. More leftist propaganda by another opponent of Free Speech.
8 people like this.

Reply 7 - Posted by: bpl40 12/17/2022 8:52:49 AM (No. 1358746)
I would - if I had the money. Unfortunately all my disposable income is going to Bidenflation.
3 people like this.

Reply 8 - Posted by: Dodge Boy 12/17/2022 9:09:02 AM (No. 1358765)
Elon, maybe market a new line of men's cologne on tweeter and see if investors start flocking in.
1 person likes this.

Reply 9 - Posted by: Right Time 12/17/2022 10:17:33 AM (No. 1358831)
I guess the "behind the scene" secret subsidies that were paid to Dorsey's Twitter by the federal government have ceased to Musk. That would explain a lot.
3 people like this.

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