At the same time, Twitters board of directors is considering its options to counter Musks bid.
Elon has decided not to join our board.
I know regulatory filings can be really boring, but you have to read this one.

Twitter has become kind of the de facto town square.
Musk has long advocateda free speechmodel on social networks especially Twitter.
But his idea of the concept is murky.
It can allude to an ideology that lets you tweet anything as long as its not illegal.
The definition of contents legality changes per country and per region.
An open-source codebase cant do anything about that.
Sure, algorithms play a part in surfacing certain kinds of posts.
But making them transparent doesnt always solve problems of misinformation and moderation in different languages.
But as a service grows, it has to face different challenges like misinformation and hate speech.
Musk mentioned that its possible he may not be able to buy the platform after all.
That brings us to what the board is thinking about the worlds richest mans bid.
Whats ahead for Twitter?
After Musks bid, Saudi Prince Al-Waleed bin Talal-led Kingdom Holding Company tweeted that the bid was underpriced.
Just two questions, if I may.
How much of Twitter does the Kingdom own, directly & indirectly?
What are the Kingdoms views on journalistic freedom of speech?
Theyre possibly preparing many ways to fight this bid, including a poison pill defense, as noted byBloomberg.
Hes not the only one considering a Twitter takeover, though.
A report byThe New York Postsuggested that private equity firm Therma Bravo is also contemplating about making a bid.
Meanwhile, at TED 2022, Muskmentionedthat he has a plan-B if Twitter rejects his bid.
That’s one heck of a mixed bag.
He likes to say “Bleh.
That’s one heck of a mixed bag.
He likes to say “Bleh.”