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A Poison Pill

A Poison Pill
Elon Musk gestures as he speaks at a press conference near Boca Chica Village, Texas, on Feb. 10, 2022. Jim Watson/AFP via Getty Images
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Commentary

The poison pill has been in the news of late. No, this has nothing to do with strychnine or any other such way of killing people. It rather concerns Elon Musk’s desire to purchase Twitter outright (he already owns something like a 9 percent share of this company). Why does he want to buy Twitter? Why doesn’t he stick to cars and spaceships, his usual concerns? He has this weird idea that this web should be open to all shades of opinion, should not continue to be a wholly owned subsidiary of the socialist, woke, politically correct movement.

Walter Block
Walter Block
Author
Walter E. Block is Harold E. Wirth Endowed Chair and Professor of Economics, College of Business, at Loyola University New Orleans.
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