News that modern-day Howard Hughes and engineering genius Elon Musk had acquired Twitter lit up the internet Monday, with critics expressing skepticism and fans taking victory laps.
While reports of pity parties and celebrations were front and center, lost in the drama was the fact that Musk had been meeting with Twitter shareholders in the days leading up to the sale. In fact, pressure from shareholders may have been the tipping point, according to a report from Reuters.
Interestingly, Republican Governor of Florida Ron DeSantis commented on the sale on Twitter itself, and noted a shareholder benefit in his tweet.
What makes DeSantis’ nod toward shareholders intriguing is the fact that, the week prior, he and his state had been in the crosshairs over a decision to strip Disney of special tax privileges in Florida due to the company’s aggressive and overt virtue signaling over Parental Rights legislation the state passed to prevent gender ideology instruction for very young children attending Florida schools.
The media framed DeSantis’ decision in political terms: was it discriminatory toward the LGBTQIA+ community? Was it the agenda of the so-called “new right” asking for state retaliation against corporations who refuse to toe the preferred political party line? Was it simply DeSantis making waves before a presidential run in 2024?
Musk’s decision to buy Twitter was also framed by some in the media as a political ploy to control speech rather than free it.
But Ed Rensi, former president and CEO of McDonald’s USA, might have a different take on the Musk and DeSantis moves. He’s recently partnered with Job Creators Network Foundation (JCNF), Fre
“Our number one duty is to increase shareholder value, and make a profit for shareholders,“ Rensi told Townhall. “When you get off on these tangents of social engineering, your sales are going to go down. We want to make sure no one is neglected or discriminated against, whether you’re in the minority or the majority.”
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