CNN anchor says Elon Musk has 'more money than God' to buy Twitter, but the decision is 'bizarre'


CNN anchor Christine Romans said Elon Musk has more money than God to buy Twitter and does not have to secure funding, but the anchors called the decision bizarre.
Screenshot from a CNN segment featuring Anchors Christine Roman and Brian Stelter.CNN / YouTube

An anchor and Chief Business Correspondent of CNN, Christine Romans, said Tesla Inc and SpaceX CEO Elon Musk has more money than God Himself and that he is capable of pulling this move of buying Twitter, during a live segment.

The news came just days after Musk rejected a seat on the social media company's board, a seat that would limit how many shares a person can own at any one time.

Musk had recently purchased a 9.2% stake in the tech company -- shares worth close to $3 billion -- which immediately makes him the largest Twitter shareholder.

During the segment of those news, Romans wondered if this decision by Musk was a troll or a game for the billionaire just to purchase the social media platform.

Wedbush analyst Dan Ives said in a note on Thursday that Elon Musk's proposal to buy Twitter for $54.20 per share is likely to result in a deal.

The analyst pointed out that it would be difficult for any other bidders to emerge with a counter-offer to what Musk is offering.

As quoted by a Business Insider article, Ives said:

Ultimately, we believe this soap opera will end with Musk owning Twitter after this aggressive hostile takeover of the company. The Twitter board will be forced likely to accept this bid and/or run an active process to sell Twitter."

Ives also believes Musk and Twitter will reach an agreement in what has become a "game of thrones" between the two parties.

Twitter's shares jumped 12% in premarket trading following the announcement that Musk wants the 38% premium to Twitter's April 1 close, as flagged by Reuters.

As soon as this announcement was made, Musk took to Twitter to say that the platform needed to be transformed into a private company.

- What are your thoughts on this big move by Elon Musk? Do you think, in the end, he will buy Twitter? Or CNN's anchors are right about him trolling? Leave your thoughts in the comments. And if you think more people should read this, share it on social media.

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