Elon Musk offered to buy Twitter outright, in cash, for $54.20 a share. The offer represents an 18.2% premium over the previous day’s close. This story isn’t necessarily about digital assets. But it is of interest to Vault because Twitter is the de facto professional network of the crypto space. There is no other place where many people gather to talk about crypto and network. Discord may be a close second, but the chat platform is fundamentally different from Twitter—so Twitter still functions as the primary public square of the crypto space.
Elon Musk's Offer to Buy Twitter
Elon Musk's Offer to Buy Twitter
Elon Musk's Offer to Buy Twitter
Elon Musk offered to buy Twitter outright, in cash, for $54.20 a share. The offer represents an 18.2% premium over the previous day’s close. This story isn’t necessarily about digital assets. But it is of interest to Vault because Twitter is the de facto professional network of the crypto space. There is no other place where many people gather to talk about crypto and network. Discord may be a close second, but the chat platform is fundamentally different from Twitter—so Twitter still functions as the primary public square of the crypto space.