Elon Musk reached an settlement to amass Twitter for roughly $44 billion, the social media firm introduced on Monday (April 25).
The Tesla CEO, who can be the world’s wealthiest particular person, has beforehand famous that he needs to purchase Twitter as a result of he thought that it’s not a platform for “free speech.” He says it must be reworked as a personal firm as a way to construct belief with customers and do higher at serving what he calls the “societal crucial” of free speech.
Over the previous few weeks, Musk has shared numerous proposed modifications that he hopes to implement within the firm, from enjoyable content material restrictions — equivalent to the principles that suspended former President Donald Trump’s account — to eradicating faux and automatic accounts from Twitter.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital city sq. the place issues very important to the way forward for humanity are debated,” Musk stated in a press release included within the press launch asserting the $44 billion deal, in line with CNBC. “I additionally wish to make Twitter higher than ever by enhancing the product with new options, making the algorithms open supply to extend belief, defeating the spam bots, and authenticating all people. Twitter has super potential – I sit up for working with the corporate and the neighborhood of customers to unlock it.”
Following information of the deal, numerous celebrities together with Scooter Braun, Questlove and extra, took to the platform to share their ideas. See the reactions under.
Hello Elon 👋 @elonmusk
— Scott “Scooter” Braun (@scooterbraun) April 25, 2022
Welp. What now
— Questo (@questlove) April 25, 2022
Hmmm possibly this implies this begins a “Ahmir really enjoys life” like pre 2004 Friendster days…..and even scarier pre 98 Okayplayer days.
— Questo (@questlove) April 25, 2022
It will kinda dope if Musk purchased Twitter and simply shut it off…. Lol
— ICE T (@FINALLEVEL) April 25, 2022
