Cryptic tweet from Elon Musk signals his next move

Elon Musk, who has been the center of media focus over his attempts to purchase mega social media giant Twitter, posted a curious three-word tweet on Monday that is getting a lot of attention.

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Musk is a major social media influencer and small businessman who immigrated to the United States from South Africa.

In a sea of posts, one of Musk’s messages that is getting the most recent attention has the potential of being about almost anything at all. It could be a love song to a romantic interest, it could be a reference to a favorite movie, or it could be about a flashback to the 1950s when life was much different.

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But- what the media has noticed is that the post has created a stir of speculation among watchers who see a possible cryptic message about Musk’s next moves to buy Twitter, and that is something worth talking about.

Musk had tweeted a series of messages, and In between his tweet wishing readers a happy Easter holiday and a tweet about his company, SpaceX, he posted something random:

“Love Me Tender,” Musk posted.

The common culture around “Love Me Tender” is a movie and a song from the mid-late 1950s:

Love Me Tender, as most people recognize, is a song performed by the legendary pop artist Elvis Presley. “Love Me Tender” is a 1956 ballad song published by “Elvis Presley Music” from the 20th Century Fox film of the same name.

Love Me Tender, the movie- according to the Wikipedia page- is a 1956 American musical Western film directed by Robert D. Webb, and released by 20th Century Fox on November 15, 1956. The film, named after the song, stars Richard Egan, Debra Paget, and Elvis Presley in his acting debut. As Presley’s movie debut, it was the only time in his acting career that he did not receive top billing.

Love Me Tender was originally to be titled The Reno Brothers, but when advanced sales of Presley’s “Love Me Tender” single passed one million—a first for a single—the film’s title was changed to match. This was the only time that Presley played a historical figure.

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The movie plot is that Confederate soldiers led by Vance Reno (Richard Egan) rob a Union train of its payroll money. But because the Civil War officially ended the day before, their theft was not a legitimate act of war.

Now an outlaw, Vance takes his share and heads home, where he intends to marry his fiancée, Cathy (Debra Paget). But upon arrival he discovers that she has already married his youngest brother, Clint (Elvis Presley). The troubled family tries to reconnect — while also evading the law.

Economic references to tender is more likely to be what Musk was hinting at:

CNBC reported about the tweet saying, it could also mean that Musk is considering making a tender offer for Twitter as he continues to teach a new way of taking over a corporation in the modern era:

A tender offer would be the latest in the saga over his dramatic bid to take control of Twitter. Another tweet suggests that Musk believes shareholders should decide the future of the company, not the board.

“Wow, with Jack departing, the Twitter board collectively owns almost no shares!” Musk tweeted Saturday, referring to former CEO Jack Dorsey, who is planning to step away from the Twitter board this year. “Objectively, their economic interests are simply not aligned with shareholders!”

The Musk tweet was a response to another Twitter poster who pointed out that Twitter’s current board members collectively own relatively few shares of the company.

“Elon Musk is in for a bad time,” the other poster wrote. “I’m not sure he’s prepared to take on a couple of PhDs, a few MBAs, and a Baroness who use Twitter once a year (to reset their passwords) and collectively own 77 shares of the company.”

Musk is Twitter’s largest individual shareholder after he recently acquired a 9.2% stake in the company, amounting to roughly 73 million shares and he made a $43 billion offer to buy the company offering to pay $54.20 per share to buy Twitter, and Twitter pushed back by adopting a “poison pill” defense to prevent a hostile takeover.

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The “poison pill” defense, is also known as a shareholder rights plan, which is used to avoid hostile takeovers. The tactic would work by increasing the number of shares in the market in order to dilute Musk’s ownership stake, in turn meaning he would have to pay more to buy Twitter.

“It’s a defense measure by boards to increase the amount of shares and or give a discount to current shareholders so it makes it incrementally hard for a potential acquirer to go after the company because it’s prohibitively expensive,” Daniel Ives, managing director at Wedbush Securities, told Insider’s Gabrielle Bienasz.

Musk is the world’s richest person, with an estimated net worth of $251 billion, according to Bloomberg.