Many celebrities have spoken out about Elon Musk taking over Twitter after he bought the site for $44 billion, and Cate Blanchett is the latest to offer up her thoughts. Scroll on to find out what she had to say..
. Being the founder, CEO, and Chief Engineering Designer of not only Tesla but SpaceX too, he has going for him. With almost 500,000 vehicles being bought and distributed in 2020 alone.
The company is pioneering the future of electric car travel with Musk as its CEO. Space X became the first private company to successfully launch, orbit, and recover a spacecraft, as well as the first to send a spacecraft to the International Space Station (ISS). Back in January 2021, according to the , Musk finally became the richest man in the world, knocking Jeff Bezos out of 1st place.
Amazon deals you won’t want to miss! However, the feud between Musk and Bezos had been ongoing all year, with the pair yo-yo-ing between 1st and 2nd place. Musk saw a jump of 4.9 percent for the stock price of Tesla at the start of the year – an increase that came just days after finishing the first trading session of the year where they saw an increase of 3.
4 percent. And with Jeff Bezos’ net worth standing at $187 billion, Elon Musk was ultimately placed as the world’s richest man. Making him the 3rd person in the world to ever reach that milestone, behind Jeff Bezos and Bernard Arnault, CEO of French luxury brands Moët, Hennessy, and Louis Vuitton.
And of course, he went about the news in the most typical “Elon Musk” way. Before adding: “Well back to work.” He secured his position in 1st place.
Taking him up to a whopping $269 billion according to . In 2021 alone, he split from his long-time girlfriend Grimes, as well as having to pay up for some unpaid taxes due to unrealized gains in Tesla stock. So all in all, it was a choppy year.
And it was always in celebration of his success. He started this year off right, too. The $11 billion in taxes he paid have definitely been a thing of the past for him because he almost tripled what he paid in 2021, and it was only the beginning of 2022.
It’s all down to his Tesla company. In 2021, Tesla manufactured 936,000 vehicles, allowing for a rise in stock prices, as per . By Musk paying $11 billion in taxes last year, he gave 0.
0036 percent of his earnings away. Yep, it might make you want to cry yourself to sleep, but that’s the truth. By bidding $44 billion for Twitter, which he already had a 9% acquisition in.
“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 per the , he got financing for $46.
5 billion this week in order to make it happen. And they accepted making Musk the new owner of Twitter! According to the , Twitter shareholders wanted a payout from the company, so his bid couldn’t have come at a better time. One being longer Tweets and another being the excessive amount of ads being toned down.
He also suggested that the site would be better off going private. While some have celebrated it, others are very much against Musk taking over. And among those is Jameela Jamil, who took things a step further by leaving the social media platform and abandoning her account.
Hours before the purchase was confirmed, Jamil hinted that she would leave should Musk succeed. “One good thing about Elon buying twitter is that I will *FINALLY* leave and stop being a complete menace to society on here. So it’s win win for you all really,” she .
Jamil revealed that she would be leaving the site as she worried about what the site would become. “I fear this free speech bid is going to help this hell platform reach its final form of totally lawless hate, bigotry, and misogyny. Best of luck.
” Cate Blanchett has recently stated she thinks Musk’s takeover is a bad idea. “It’s dangerous,” the actress said when asked about her thoughts on the topic. And it seems people agree with her.
One Facebook user wrote: “I do agree with her! You cannot give to any individual so much power.” Adding: “Capitalism is the source of crime in modern society making individuals richer and people who helped to make profit poorer! Time for governments around the world to cap how much money any individual has to earn and possess.” What do you think?.
