Selling Tesla Stocks to Buy Twitter
In April 2022, Elon Musk surprised the world by announcing his intention to acquire Twitter for $44 billion.
Many thought this was a troll move, but Musk pursued the deal to the end, despite numerous legal barriers and strong internal resistance from Twitter.
To close the deal, Musk had to sell over $20 billion in Tesla stocks and raise nearly $7.1 billion from strategic investors such as #Binance ($500 million), #Sequoia Capital, #a16z, Qatar Holding, Fidelity, and Larry Ellison – co-founder of Oracle.
But Twitter was more than just a social media platform for Musk. In his hands, it became a "power distribution channel" – a place where thought streams could flow without passing through mainstream media filters.
Crypto, DeFi, AI, politics... everything could develop without excessive censorship. Musk wasn't just buying a company; he was creating a new infrastructure for Silicon Valley-style freedom of speech.