Elon Musk, who is famous as the Tesla CEO and an active user of Twitter, offered to buy Twitter for $43 billion. He also said the social media company ”needs to be transformed as a private company”. His offering, however, invited a lot of memes and reactions on social media.
Under the hashtag, Ceylon Musk, many people asked to buy Sri Lanka instead of buying Twitter.
Sri Lanka is currently facing an economic crisis and running out of foreign exchange reserves. A few days ago, it defaulted on all payments on its $51-billion external debt. Sri Lanka has now come under the club of small countries that have been unable to repay their debts.
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New Delhi: Elon Musk, who is famous as the Tesla CEO and an active user of Twitter, offered to buy Twitter for $43 billion. He also said the social media company ”needs to be transformed as a private company”. His offering, however, invited a lot of memes and reactions on social media.
Under the hashtag, Ceylon Musk, many people asked to buy Sri Lanka instead of buying Twitter.
Sri Lanka defaults on $51 billion debt
Sri Lanka is currently facing an economic crisis and running out of foreign exchange reserves. A few days ago, it defaulted on all payments on its $51-billion external debt. Sri Lanka has now come under the club of small countries that have been unable to repay their debts.
Why netizens call Ceylon Musk to Elon Musk
Elon Musk in early April bought a 9.2% stake in Twitter and became the biggest shareholder on the platform. After Musk’s announcement, the share of Twitter surged as much as 27%, according to a regulatory filing.
As soon as Musk said he was interested in buying Twitter by paying $43 billion, netizens on Twitter said he should buy Sri Lanka for $51 billion. People also said that Musk can also rename it ‘Ceylon Musk’.
A user on Twitter wrote, ”Instead of bidding for Twitter at $43 Billion, Elon can consider bailing out Sri Lanka. He can have the island nation named after him or he can change his name to Ceylon Musk.”
”Arrey bhay kyaa Twitter Twitter kar rahe ho…Ek island jaisa country Khareedo and name it Ceylon Musk,” wrote a user.
”He can bail out Sri Lanka and rename the country, Ceylon Musk,” wrote another user.