Elon Musk has done it again!
Musk Breaks the internet by announcing his purchase of the famous social media platform Twitter for $44 billion on Monday, April 25, 2022.
The board of Twitter agreed to Musk’s offer to buy a hundred percent share of the company for $44 billion yesterday. Twitter shares jumped more than 3% following the reports of Elon Musk taking over the giant social media platform in the world.
Elon Musk Took Himself To Twitter To Confirm His Purchase Of The Twitter By Saying, And I Quote–
“Free speech is essential to a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated….”
The self-proclaimed promoter of free speech, and the richest man in the world, promises a series of changes on Twitter and the deletion of all the fake accounts.
This is currently the talk of the “digital Townsquare.” While many followers of Musk are happy with the purchase, some are questioning to what degree Musk will keep Twitter a platform facilitating vocal freedom.
First, PayPal, Tesla, then space, and now Twitter; Elon Musk is on a winning streak creating and owning the most influential global foundations.
Musk surprised the world by disclosing his purchase of 9.2% of Twitter shares in March. He took the world by storm, confirming his purchase of 100% of the Twitter share for $44 bn on Monday. The billionaire said that he had paid $54.20 for each share of the company.
Elon Musk previously claimed that Twitter curbs free speech. As the world still recovers from the surprise, Mr. Musk took to Twitter saying—
“I hope that even my worst critics remain on Twitter because that is what free speech means.”
There have been several criticisms of Elon Musk for acquiring Twitter. Many influential people are worried that they might lose their followers after Elon Musk’s takeover.
It is only a matter of time before we see the changes Mr. Musk makes use of his newly acquired social media platform. How this new shift in Twitter’s ownership changes, the world remains to be seen.