Elon Musk, CEO of electric car company Tesla, has always been famous for his ridiculous and absurd Tweets, from Dogecoin memes, 420 gossip stories to “weird”-sounding comments about his own company. . This was repeated again this past Sunday, when Elon Musk proposed an extremely mythical idea: Turn Twitter’s headquarters in downtown San Francisco into a home for the homeless.
The move comes after Elon Musk holds more than 9% of the popular social networking site, and expressed his desire to buy all of Twitter outright for $54.2 per share. He wants to transform this into a private company that thrives and fulfills all the privileges of free speech for its users.
The tweet was later deleted, but is still considered an “excessive sarcasm” to the city of San Francisco, which is already grappling with a homelessness crisis, while Twitter employees be told you may have to work remotely forever after COVID-19. Therefore, the headquarters building is encouraged by Musk to be for lonely people without a home, and that “this place is empty and empty anyway”.
According to Bloomberg, there is no indication that Twitter will convert its office into a home for the homeless, and even if it wanted to, the social networking site wouldn’t be able to. In the past, converting vacant offices into housing units in major cities like San Francisco was seen as an effective way to solve supply bottlenecks as well as repurpose unused malls.
According to Dan Sider, director of the San Francisco Department of Planning, Twitter can completely convert its office into permanent affordable housing from a management perspective, but the process will be relatively complicated. Meanwhile, housing the homeless, he said, was “quite simple”.
However, considering the political or financial motivations, it is difficult for Twitter to implement this proposal, especially when the leader of the famous social networking site begins to reuse the headquarters building for other purposes. job purpose.
However, if Musk successfully acquires Twitter for $43 billion, the above scenario is entirely possible. Furthermore, given that the total homeless population is more than 9,800 people at the end of 2019 and the office vacancy rate is up to 22.6% by the end of 2021, it is perhaps not so ridiculous that Musk posits his idea. this idea.
If Musk successfully acquires Twitter for $43 billion, the scenario that the popular social networking site is forced to completely transform is possible.
Back then, the richest person on the planet considered his offer to buy Twitter “the best and last” when it set a price even about 18% higher than the current value of Twitter shares.
The above information was reported by Elon Musk to the US Securities and Exchange Commission (SEC), just 10 days after the CEO of electric car company Tesla revealed that he owns more than 9% of Twitter shares, and is the largest shareholder of the network. this society, however, adopted the form 13G. This means that stockholders do not intend to control or influence the operations of the company.
Previously, Elon Musk was invited to the Twitter board, but this billionaire turned down the offer.