Dallas Mavericks owner Mark Cuban said the recent offer from Elon Musk to buy Twitter isn’t the only offer on the table.
What he said: Cuban said that “every major tech company” — from Google to Facebook — “is on the phone with their anti trust lawyers asking if they can buy Twitter and get it approved.”
- “And Twitter is on the phone with their lawyers asking which can be their white knight,” he added. “Gonna be interesting.”
Catch up quick: On Thursday, the Tesla CEO Musk — who is also the world’s richest man — offered to buy Twitter outright for $43 billion,
- Musk said in a tweet Thursday that he has offered to buy Twitter.
- Per a filing with the Securities and Exchange Commission, Musk said he would purchase the company for $54.20 per share.
What he said: “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk said.
What to watch: There’s a lot of ongoing speculation about Musk’s offer. Experts are unsure if this is a legitimate call by Musk to buy the company, or a “troll” move by Musk, who has often released joke posts and memes on social media.