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GOGO Magazine > Blog > Social > Elon Musk buys Twitter!
Social

Elon Musk buys Twitter!

Nikhil Thakur
Last updated: May 30, 2022 9:57 pm
Nikhil Thakur Published May 30, 2022
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Elon Musk is the world’s most extravagant individual, as per Forbes magazine, with expected total assets of $273.6 billion generally because of his shareholding in electric vehicle producer Tesla which he runs. He additionally drives the aviation firm SpaceX.

In early April, Elon made a bid to buy Twitter so as to unlock the tremendous potential that the platform possessed to which the board of Twitter has agreed to a $44bn (£34.5bn) takeover offer.

pic.twitter.com/TW2lLQakE5

— Elon Musk (@elonmusk) April 7, 2022

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the deal. Musk also added that “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spambots, and authenticating all humans.”

The move comes as Twitter faces developing strain from government officials and controllers over the substance that shows up on its foundation. It has drawn pundits from the left and directly over its endeavors to intervene in falsehood on the stage.

In one of its most high-profile moves, last year it prohibited previous US President Donald Trump, maybe its most remarkable client, referring to the gamble of “incitement of violence”.

At the time Musk noticed: “A lot of people are going to be super unhappy with West Coast high tech as the de facto arbiter of free speech.”

🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6

— Elon Musk (@elonmusk) April 25, 2022

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  • Nikhil Thakur says:
    May 4, 2022 at 2:26 pm

    4.5

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