India

Elon Musk on fun trail, says ‘buying Coca Cola next’

In the last 48 hours of his buyout of the micro-blogging site Twitter, billionaire Elon Musk is again on a fun trail. In a flurry of tweets, Musk claimed that he has set eyes on Coca-Cola to “put cocaine back in” and “McDonald’s to fix ice-cream machines”. After the multi-billion buyout of the microblogging website this week, only Musk knows whether he’s kidding or not.

“Next I’m buying Coca-Cola to put the cocaine back in,” Elon Musk tweeted on Friday. Tagging to an old tweet, he said, “Listen, I can’t do miracles”. But, he promised to make “Twitter maximum fun”. He also said that for the microblogging site to deserve public trust, it must be politically neutral. “For Twitter to deserve public trust, it must be politically neutral, which effectively means upsetting the far right and the far left equally,” Musk tweeted.

Twitter on Monday (local time) confirmed the sale of the company to Musk for USD 44 billion. Under the terms of the deal, shareholders will receive USD 54.20 in cash for each share of Twitter stock they own, matching Musk’s original offer and marking a 38 per cent premium over the stock price the day before Musk revealed his stake in the company, CNN reported.

Twitter CEO Parag Agrawal said that he was proud of the employees who continue to do the work with focus and urgency despite the noise. “I took this job to change Twitter for the better, course-correct where we need to, and strengthen the service. Proud of our people who continue to do the work with focus and urgency despite the noise,” Agrawal tweeted.

The former Twitter CEO Jack Dorsey dropped a series of tweets, suggesting that he supports the move.

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