Recently, Elon Musk announced he owned 9% of Twitter. Last week, he said he had lined up $44 billion in financing to buy the company. The pressure is on the Twitter board to strike a deal. The transaction is expected to close in 2022. Musk is not shy about saying that he is a free speech advocate and that his assets will be used to finance the deal. However, several questions remain.
The first question is how Elon Musk plans to change Twitter after buying it. The billionaire has been elusive in the political arena and has hinted at some changes in Twitter in interviews and regulatory filings. Then, when he announced the deal, he emphasized that “free speech is the foundation of democracy.” But what exactly will Elon Musk do with Twitter? Here are some thoughts on the matter. Let’s look at some of the ramifications of Musk’s acquisition.
Trump’s tweets have fueled controversy. The new Twitter owner, Elon Musk, may be using the platform to promote his message. It’s unclear whether Twitter will stay public or remain private. The acquisition could have a seismic impact on American politics. It might bring back Donald J. Trump, whom many have criticized in tweets. While voters have consistently disapproved of the president’s tweets, his presence on the platform could benefit Democrats desperate for a villain.