As we predicted earlier this week, the reason Elon Musk refused a place on the Twitter board is that so he would have the option of making a run for the whole enchilada. He’s done it, as of Wednesday.

If he is successful and takes Twitter private it would be an earthquake in social media, indeed in the whole media and communications system in this country and all over the world.

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A platform that was biased against conservatives and acted as an authoritarian gatekeeper for the hard Left could be transformed into a true town hall, into a legitimate free speech online gathering place. But first, Musk has to get away with his gambit and the Left and the major media will do anything and everything they can do to stop him.

BREAKING: As @elonmusk offers to buy the rest of @Twitter a legal source tells @FoxBusiness @SECGov and @TheJusticeDept have launched what he described as a "joint investigation" into a myriad of Musk regulatory issues primarily involving @Tesla https://t.co/TDFLED1XuI

— Charles Gasparino (@CGasparino) April 14, 2022

FNC: “Tesla CEO Elon Musk offered to buy Twitter in a deal worth more than $43 billion and take the social media company private. Musk’s best and final offer was to pay $54.20 per share for 100% of Twitter, and said that if his offer was not accepted he’d have to reconsider his position as a shareholder, according to an SEC filing. Musk recently disclosed a 9.2% stake in Twitter, but he rejected an offer to join its board of directors and criticized the social media platform in tweets.”

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Musk: “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.” Musk said it’s “not a threat, it’s simply not a good investment without the changes that need to be made.”