Technology

WHAT DOES ELON MUSK PLAN TO DO WITH TWITTER?

Tech Giant and Billionaire Elon Musk recently made a tweet that he bids to own twitter and now it’s official. The question is, what does Elon plan to do with Twitter?

/ 28 April 2022

Twitter Inc decided on Monday to accept Elon Musk’s $44 billion acquisition bid, granting the world’s richest person control of the social media business once the transaction is completed. Listed below is a timeline of events, which includes some tweets from Musk, that provide some light on his views on the company and free speech:

April 26, 2022

Musk tweeted:

April 21, 2022

What experts are saying:

“Well, I think this is the best thing that’s ever happened to Twitter,” noted Thomas Hayes, a renowned financial strategist, in a Yahoo Finance Live. “Twitter had devolved into an abandoned structure covered in graffiti in a seedy neighborhood.”

Hayes also noted that he believe people will see a resurgence of activity from number of prominent influencers who have been dormant on the platform. “And if anyone is capable of convincing them to do so, it would be Elon Musk.”, He added.

However, there are still people who are skeptic with the Billionaire’s move and for some it seems that he is after his influence rather than his intention to buy the company.

Twitter is one of the most influential enterprises in the world of information. Assuming Twitter adheres to “free speech standards” in the near future, this is a clear victory for democracy. While we cannot predict how the commercial side will pan out, Musk’s track record speaks for itself.