The richest man in the world has had his eye on the social media platform Twitter for a long time. Now the purchase attempt has finally succeeded. With a huge sum of 44 billion US dollars, the Tesla boss bought the short message service and already has clear visions.
A white bird on a blue background – everyone knows the symbol, many even have an account. Since its founding in 2006, the short message service Twitter has become a crucial platform for exchanging quick news. The service is especially popular in the gaming scene.
Billionaire Elon Musk, with his 84.7 million followers, is also a big fan of the platform. After he had already bought some shares in the platform, the entrepreneur now dreamed bigger: he should own the platform outright. This, however, disturbed the board of directors, which had vetoed the purchase. But last week Musk was able to convince not only the shareholders but also the board of his plans. Musk acquired the platform for 54.20 US dollars per share. For this sum, he also had to ask for a loan from various financial institutions, since his wealth is based primarily on share ownership.
The future of Twitter
On Twitter, Elon Musk had already announced his future visions for the platform. On the one hand, he wanted to stand up for the platform’s freedom of expression by, for example, granting Donald Trump access to the platform again. The former president was expelled from Twitter after he called for a storming of the Capitol via the short message service. In this context, Musk had recently posted the following tweet: I hope my biggest critics stay on Twitter. Because that’s what freedom of speech means.
In addition, Musk plans to ban spam bots from Twitter and only allow real people to authenticate.
You can think what you like about Elon Musk. But one has to acknowledge his influence on the modern world without envy. What the richest man in the world sets out to do, he succeeds in doing.
