Republican lawmakers on Capitol Hill praised tech billionaire Elon Musk after he made a bid on April 14 to purchase social media giant Twitter at $43 billion, a major premium per share over the company’s current trading price.
Musk, who owns electric vehicle manufacturer Tesla Inc. and commercial space venture SpaceX, grounded his reasons for buying the company on Twitter’s having become “kind of the de facto town square,” a space where important conversations should be able to take place with as few constraints as reasonably possible.