On a recent episode of The Ezra Levant Show, we looked at SEC filings from Elon Musk.
Here's a bit of what Ezra had to say:
Twitter’s stock price has been languishing for more than a year.
It’s fallen in half over the past year — it wasn’t until Elon Musk bought his stake a few weeks back that it started to perk up. As you can see, he’s offering the other shareholders a big premium to get out of it. And if they don’t, he says he’ll sell the stake that he has. So what do you think dumping $3-billion worth of Twitter stock on the open market would do to the price?
He’s basically saying: take my $41-billion for this company, that wasn’t even worth $30-billion last month. Or don’t — and I’ll sell, and that will surely strip $10-billion off from your value. Elon Musk obviously cares about making money — you don’t end up as the world’s richest man if you’re indifferent to money. But he claims, and I think there is some basis for believing him, that he truly cares about free speech, too.
This is just an excerpt from The Ezra Levant Show.
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