Elon Musk — the tech billionaire known for talking sapidity and troll on Twitter — is n’t grant to print tweets about his deal to take over Twitter if he belittles the company or its congresswoman , harmonise to a novel filing on the transaction posit by Twitter to the Securities and Exchange Commission on Tuesday .
First spotted byBloomberg , theSEC filingprovided new information on the terms of the social metier connection ’s cut-rate sale to Musk . The company submitted the filing the same twenty-four hours Musk knock top Twitter executives Vijaya Gadde and Jim Baker , which prompted a battery of personal , and in some cases racist , plan of attack and calls for them to be fired by Twitter users . He posted a meme Wednesday good afternoon mocking Gadde and praise right - flank podcasterTim Pool . Musk also seemed tocall outTwitter for being topped by former President Donald Trump ’s Truth Social meshing in number of App Store downloads .
“ Truth Social is presently circumvent Twitter & TikTok on the Apple Store . Truth Social ( terrible name ) exists because Twitter ban free language , ” he write . “ Should be call off Trumpet rather ! ”
The sale terms of Musk’s deal with Twitter restrict him from disparaging the company or its representatives. Has anyone told him that?Illustration: Scott Olson (Getty Images)
pic.twitter.com/1CE7rjBrNH
— Elon Musk ( @elonmusk)April 27 , 2022
In contrast to Musk ’s meme vitriol , Twitter write in its filing , “ Notwithstanding the foregoing , the Equity Investor shall be permitted to come forth Tweets about the Merger or the transaction contemplated hereby so long as such tweet do not disparage the fellowship or any of its Representatives . ”
The same daytime , Musk suffer a case against the SEC over a fine and a consent order . The order mandates that any of Musk ’s tweet that could move strain prices must be pre - approved , lest he face more multi - million dollar fine visit by the SEC . The SpaceX CEO had tweeted “ funding secure ” after declare that he plan to take Tesla individual at $ 420 ( lol ) per share when he did not , in fact , have the financial backing to do so , causing the ancestry price to jump .
Musk aim Gadde — a female executive director who was born in India and serve as Twitter ’s legal , public insurance , trustingness , and rubber lead — in response to a tweet fromBreaking Pointsco - horde Saagar Enjeti citing a late aPolitico storyabout her : “ Twitter ’s top attorney reassures staff , cries during meeting about Musk takeover . ” The exit cover that Gadde had cry while verbalise about how Twitter could change under the commission of its new owner .
Enjeti called Gadde the social mesh ’s “ top censorship advocate ” and said she censored the New York Post ’s tale about the a laptop computer belong to Hunter Biden , the son of then - presidential prospect Joe Biden . week before the 2020 presidential election , Twitterblocked the distributionof the Post ’s story by forestall users from sharing connexion to it via tweets or DMs , a move which exasperate conservative that arrogate that the fellowship was taste to serve Biden win the election . In addition , Twitter also locked the word outlet out of its report for a while , a move it later on reverse . Much of the outlandish tale of the laptop computer was laterproven unfeigned .
“ suspend the Twitter account of a major news organization for write a truthful chronicle was manifestly implausibly out or keeping , ” Musktweetedin a reply to Enjeti .
suspend the Twitter account of a major news organization for publishing a truthful account was apparently fantastically inappropriate
— Elon Musk ( @elonmusk)April 26 , 2022
Musk ’s comment led to a bombardment of tweets insulting Gadde and calling on Musk to fire her .
Gadde was n’t the only employee that receive care from Musk on Tuesday , though . He also weighed in on another tweet brought to his tending byMike Cernovich — a notorious right - annexe troll , so - called men ’s right activist , and conspiracy theorist hump for exclaim idea such as # Pizzagate — regarding Twitter ’s deputy cosmopolitan counselor Jim Baker , which exact Baker facilitated put-on when he worked at the FBI .
“ sound pretty bad … “ Musk tweeted in response .
Twitter ’s ex - chief operating officer Dick Costolo seemed to respond obliquely to Musk , writing “ intimidation is not leading . ”
Sounds pretty bad …
Unsurprisingly , Musk ’s input also conduct user to swarm on Baker and call for his remotion .
The incident emphasize the worries that have been carry by Twitter employee in recent workweek . Rumman Chowdhury , the company ’s director of machine scholarship , transparency and accountability , aver in mid - Aprilthat news show about Musk ’s interest in Twitter and subsequent fire by his followers had a “ chilling effect ” on employees .
“ This is going to sound amusing but Musks immediate chilling outcome was something that bother me significantly . Twitter has a beautiful polish of screaming constructive criticism , and I saw that go silent because of his minions attacking employees , ” Chowdhury said . Sheadded : “ That is certainly not the only thing – my regulation # 1 is ‘ do not feed the trolls ’ – people like him expand on attention , including negative attention . I was n’t expire to give him the gratification . ”
Lara Cohen , Twitter ’s headspring of spheric partnership , tweeted , “ tinge me shocked SHOCKED that people are coming for two of our prominent distaff executive director on day 1 of this affair . ”
Twitter told Gizmodo that it had no comment on Musk ’s tweet on Wednesday morning .
The company ’s cut-rate sale to Muskwas announcedon Monday after hebdomad of surmise . In the days since , Tesla ’s stock has dip , with shares flow 11 % on Tuesday as investors reacted to newsworthiness that Musk would take over Twitter . The downturn wipe nearly $ 25 billion from Musk ’s personal wealth and $ 114 billion from Tesla ’s grocery store capitalisation , as mark byForbes .
Musk secured financing for the deal via $ 20 billion in loan from Morgan Stanley and another $ 21 billion in fairness financing , meaning he will in all probability have tosell Tesla sharesto own the blue bird app .
Despite all this fiscal and digital turmoil , Musk is still the richest world in the world and continues to tweet to his heart ’s content . I enquire if anyone ’s recite him he ca n’t pick at people . woefully , even if someone did , something tell me Musk probably would n’t worry .
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