In yet another hostile takeover bid, billionaire Elon Musk has offered to buy social networking site Myspace for more than $40.
This comes on the heels of Musk’s offer to buy Twitter for more than $41 billion, which sparked controversy online about his intentions. Now, the move to buy Myspace is causing even more of a tizzy, as faithful Myspace users are panicking at the possibility of more free speech on the app, something Musk is promising.
“Free speech is when anyone can have a top 8” Musk said. “With this offer of more than $40, we plan to take Myspace private and completely reform it the way it should run, just like in 2005.”
Myspace board is meeting currently at whatever WeWork it was able to rent.