(Molly Bruns, Headline USA) Saturday Night Live regulars Colin Jost and Michael Che mocked Elon Musk, billionaire and Tesla owner, for his possible plans to purchase social media platform, Twitter, the Daily Wire reported.
Jost and Che arguing that along with it being a poor business decision for the company itself, Musk may also be purchasing the platform so white people could say “the n-word.”
“Elon Musk offered to buy Twitter for over $40 billion so he can loosen its free speech restrictions,” Che said. “That’s how badly white guys want to use the ‘n-word.'”
“I don’t understand why Elon even wants to own Twitter, Jost replied. “It used to be something that seemed important, even fun, and now you look at it and its confusing and depressing. It’s the Giuliani of apps.”
Jost continued, making a joke at the expense of Britain’s Prince Harry and Meghan Markle.
“Come on, Elon—Elon built electric cars, he’s going to Mars, why is he even involving himself with Twitter?” he asked. “It would be like if the Prince of England gave it all up just to marry an actor from Suits.”
“Plus, Twitter isn’t even that profitable anymore. It just feels like a bad business decision. And I say that as someone who bought a Staten Island Ferry with Pete [Davidson],” Jost concluded.
These pokes are a result of the $43 billion offer to purchase Twitter, after becoming the largest individual shareholder of the company and turning down a spot on the board.
The board responded to Musk with a poison pill with the intended effect being the dilution of Musk’s holding in the company.
“A poison pill, devised by law firms in the 1980s to protect companies from corporate raiders, essentially lets a takeover target flood the market with new shares or allow existing shareholders other than the bidder to buy them at a discount,” the New York Times explained. “That means anyone trying to acquire the company must negotiate directly with the board.”