If you support free speech you must be just another ‘white guy’ that wants to ‘use the N-word’. That the new common theme we’re seeing from the left. The popular narrative made it to Saturday Night Live where the crew mocked Elon Musk for offering to buy Twitter to fix the broken bias platform.
The skit came during their ‘Weekly Updates with Colin and Che’ bit:
“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.”
The crew even slammed 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.
Twitter rejected Musk’s offer and Muskthe 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.”