Elon Musk buys Twitter: The board of directors of Twitter unanimously accepted the offer of Elon Musk, which was much to the satisfaction of shareholders who realized the price of Twitter’s stock was in poor condition. It was either now or not. In the case of Elon Musk, he’ll take the steps he has promised to do, which is to remove Twitter from the market and make it a private corporation. That is, it will be Musk himself who owns it. In other words, he is the most insane capitalist of the present. With only a few dollars in his home country of South Africa, Elon Musk changed the world of automobiles with Tesla. Elon Musk was not content with the results, so he revolutionized space using his rockets. Can reuse through SpaceX. His company SpaceX rendered NASA obsolete. It’s currently working on offering broadband to the three billion people who have not yet linked to the Internet through SpaceX’s Starlink satellites. This father of eight kids who left a gap in his diary is now a customer of Twitter. Twitter.
I Bought the company at the right time in a period when major technology companies were crashing in the stock market. The truly amazing thing, according to financial news outlet Bloomberg, is that most people do not use Twitter. Other than Elon Musk, he has 83 million people on the platform who like and share comments on his actions or words. This is the platform where Elon Musk declared those who had criticized him for being a pedophile. It’s the same platform where Elon Musk committed several violations of laws imposed by the police officer of the New York Stock Exchange. And yet Elon Musk doesn’t pay attention.
Therefore, the wealthiest man on the planet purchased Twitter and ended up at the bottom of its financials in 2021 after a loss of 221 million. Are you convinced that it’s a billionaire-inspired trend? If we believe this, the takeover is motivated by his determination to improve the freedom of expression on social media. The United States knows Elon Musk as a libertarian who is opposed to the state and believes in the individual’s absolute freedom without limitations. There is a reason why some people wonder if he’ll let controversial politicians such as Donald Trump return to this organization from which the previous management exiled him following the riots at the Capitol.
This is also an issue for Twitter employees. They think Musk’s plan to allow for the freedom of speech on Twitter will ensure that the “toxic quagmire of misinformation quickly eclipses genuine information”. This is a great question. I am asking an even more eloquent question: with Tesla and its SpaceX rockets and 8 children, what will it take to find time to control and create a profit on this toy worth the rate of 44 billion?
What is it that we are talking about it in such a way? Will it have consequences for the people using the platform?
Why are we talking about it so much? And why Elon Musk buys Twitter
A whopping $44 billion is the price for bluebirds
Multi-billionaire Elon Musk purchased social media company Twitter this week. Twitter took Musk’s offer of US$44 billion.
The short background of Twitter
Twitter is an American social network established in the year 2006. The users can write tweets (or tweets in French) that can be up to a length of 280 characters. Twitter is a preferred network for journalists, politicians, activists, and researchers.
Who is Elon Musk?
Elon Musk is a household name. As per Forbes magazine, he is the richest man on Earth, with a fortune of more than $200 billion. He is the chief executive of the electric vehicle company Tesla and the creator of SpaceX, which is an aeronautics firm.
Musk and freedom of speech
Numerous times, Elon Musk has criticized Twitter for the freedom of speech. Elon Musk believes that the moderation of Twitter is too strict, and therefore we remove accounts or tweets too fast. Many thought he’d permit the return to Twitter of former US president Donald Trump. who was removed from Twitter in January of 2021.
Is there a pot of misinformation?
Certain media experts are concerned about the coming of Elon Musk at the helm of Twitter. They think that less strict moderated accounts on the platform could result in more fake news circulating. Elon Musk has circulated fake news articles from their Twitter accounts of his.
What is the difference?
Many individuals and human rights organizations are concerned about Elon Musk’s influence. This is especially the case of Amnesty International, which fears the actions that Twitter might take to undermine the effectiveness of the policies and systems designed to protect users.
Changes that could be in the pipeline
Alongside potential changes to how content is censored on Twitter, Elon Musk offered various suggestions for the site. A few of them include the addition of a tool to modify tweets that have been previously published and modifications to Twitter’s paid-for plan.
Elon Musk buys Twitter.