ELON Musk joked that he made an offer to buy Twitter because "he could afford it" during a TED Talk and said he's got a "plan B."
The billionaire's joke comes after he moved to buy the social media giant for $43billion in cash, regulatory filings showed on Thursday.
When asked why he made an offer to buy Twitter, the tech mogul joked that "he could afford it" but stressed that his proposal is not about money.
"I mean, I could technically afford it, but what I'm saying is this is not a way to sort of make money.
"My strong intuitive sense is having a public platform that is maximumly trusted, and broadly inclusive is extremely important to civilization," Musk added.
"I don't care about the economics at all," the Tesla boss added.
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When asked if he has "funding secured" to buy Twitter, Elon said: "I have sufficient assets.
This is not a forward-looking statement. I mean, I can do it if possible, right."
Regarding the topic of free speech on the social media platform, Musk said he would err on the side of having "controversial speech up and open-source the algorithm."
The SpaceX founder said a priority for him would be "eliminating the spam and spambots," referencing the uptick in cryptocurrency scammers.
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However, he acknowledged that he's not sure that "he'll actually be able to acquire it."
Adding that if the board doesn't accept his offer to acquire Twitter, he has a "Plan B" but refused to reveal more.
More to follow…
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