Woke SNL Calls Elon Musk A Racist

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The biggest supervillain to the left-right now is Elon Musk. The Tesla CEO became the majority shareholder of Twitter after arguing that they do not abide by the constitution. Shortly after, he made a massive offer to buy Twitter out. Naturally, Saturday Night Like (SNL) had to take their shots at musk and turn his push to bring back free speech on the politically drenched town hall-type platform.

Of course, they made it about race…

“Elon Musk offered to buy Twitter for over $40 billion so he can loosen its free speech restrictions,” Che began. “That’s how badly white guys want to use the ‘N-word.’”

“I don’t understand why Elon even wants to own Twitter,” Jost replied, laughing. “It used to be something that seemed important and even fun and now you look at it and it’s confusing and depressing. It’s the Giuliani of apps.”

Jost went on to make a joke a the expense of Britain’s Prince Harry and Meghan Markle.

“Come on, Elon — Elon built electric cars, he’s going to Mars, why is he even involving himself with Twitter?” he asked. “It would be like if the Prince of England gave it all up just to marry an actor from ‘Suits.’”

“Plus, Twitter isn’t even that profitable anymore. It just feels like a bad business decision. And I say that as someone who bought a Staten Island Ferry with Pete [Davidson],” Jost concluded.

Musk made the $43 billion offer after recently becoming Twitter’s largest individual shareholder and turning down a spot on the board. The board responded with a poison pill by using the ‘Rights Plan’.

The plan is a “limited duration shareholder rights plan,” which gives Twitter’s existing shareholders, except Musk, time to purchase additional shares at a discount, Axios reported Friday.

The desired effect is clearly to dilute Musk’s holding in the company, and make the cost of a takeover higher or even prohibitive as the company hopes shareholders step up and save them from the pending takeover.

“A poison pill gives existing shareholders the ability to purchase additional shares in the company at a discount, which in turn dilutes the stake of the person or party seeking to buy the company.”

My stock market guru readers; from everything I have read, even if Musk doesn’t take over he could potentially drive down the value of shares temporarily by pulling out. If that’s the case, it would allow people who couldn’t normally afford to purchase a bunch of shares the same opportunity as the wealthy folks who can. I’d like to hear your thoughts on that one.

If that’s correct, and Twitter plans to screw Musk out of the opportunity by blocking his ability to purchase shares—I hope he drops their stock value.

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