What do you think about Elon Musk’s offer to buy the whole of Twitter, saying the platform needs to be transformed into a private business?
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What do you think about Elon Musk’s offer to buy the whole of Twitter, saying the platform needs to be transformed into a private business?
Rich guys love nothing more than owning media assets. It allows them to project their beliefs onto the population and make themselves feel important. The Washington Post is owned by Jeff Bezos, the second richest man in the world. The New York Times is owned by Carlos Slim, the richest man in Mexico. The LA Times is owned by Patrick Soon-Shiong, the richest man in Los Angeles.
Twitter is one of the core social media assets in the digital space. It’s also relatively cheap. Elon believes strongly in Twitter as a platform and also disagrees strongly with their one-sided content moderation. This is his way he deems fit to fix it.
Musk’s wealth skyrocketed due to market manipulation in the last few years and Twitter was his primary tool for hyping up Solar City, Tesla, Bitcoin, Doge Coin, etc. Additionally like many billionaires he has a warped perspective of what free speech is, and likely wants to try and buy his way into the board of directors in order to stop them from restricting and banning accounts for political reasons.