Elon Musk To Acquire Twitter! Till What Extent Will “Free Speech” Be Permitted?
In April, tesla
tesla Automobile founder Elon Musk signed a contract to buy Twitter but backed out in July due to a reported lack of details on bots and spam accounts. This move by elon musk
elon musk founder, ceo at tesla, spacex Elon Musk is an enthusiastic cryptocurrency believer, quivering the crypto world through his sparkling tweets. He has a complex relationship with cryptocurrencies. His tweets solely are responsible for the crypto volatility. Musk splendidly purchased $1.5 billion in the king of cryptocurrency. He was born on June 28, 1971, and is based in Pretoria, South Africa. His mother is Maye musk and his father is Errol musk, he is a South African electromechanical engineer, pilot, sailor, consultant, and property developer.
He graduated from the University of Pennsylvania, earning a bachelor's degree in Arts and physics, and the Wharton School, earning a bachelor's degree in science, and economics. Musk was honored by Axel Springer Award, an annual award given to remarkable personalities who are extremely innovative, build new markets and change markets, shape culture, and confront their social responsibility.
In 1995, Elon Musk and Greg Kouri founded a web software company called ZIP2. The company developed and marketed an Internet city guide for the newspaper publishing industry, with maps, directions, and yellow pages.X.com and PayPal: in 1999, he co-founded X.com which is an online financial service and email payment company. Space X: on 14, March 2002 he founded space x company which provides space transportation services.
On July 1, 2003, he founded TESLA. Tesla is an electrical vehicle and clean energy company which designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and so on. His other activities involve SolarCity and Tesla Energy, Neuralink, the boring company, Managerial style and treatment of employee Hyperloop, openAI music, and ventures. Etc. he made $165 by selling PayPal to eBay. And was first listed on the Forbes Billionaires List in 2002, with a total net worth of $2 Billion. [email protected] EntrepreneurInvestorChief Executive Officer forced Twitter to take legal action against Musk.
However, after fighting a legal battle for months, it looks like Elon Musk has finally decided to acquire the firm at its original price of $54.20 per share.
This has brought mixed reactions from the public. A few believe that Twitter will find stability under his surveillance, while others claim that he might allow dangerous voices like Donal Trump to return.
Earlier in April, Elon Musk had claimed to make a few changes related to free speech, getting rid of spam bots, fake accounts and many more.
Elon Musk’s main focus would be the social media giant’s spam bot accounts. In a TED talk in April in Vancouver, he claimed that if he goes ahead with the Twitter acquisition, he would first eliminate spam and bot accounts.
Elon Musk said these spam and bot accounts make any product worse and that he “will either defeat spam bots or die trying.”
Freedom Of Speech
Earlier in April, Elon Musk had raised support for free speech as he had asserted that even his worst critic should remain on Twitter and said that is the true meaning of free speech. This stance by Musk could also mean the return of Donald Trump, former US president, who was banned for his post on the US Capital riot on Jan 6, 2021.
Algorithmic Access
Next, Musk had also spoken about making Twitter’s algorithm accessible to the public and had even made a poll which received one million votes, and 82% of respondents voted ‘yes’ for the plan.
Though Elon Musk did not reveal his exact plan, it could mean software’s access for the open public to inspect and help improve the network.
The SpaceX founder had also spoken about the edit button and long tweets. However, recently the Twitter platform came up with an edit button feature even before Musk acquired it.
Meanwhile, with Twitter agreeing with the terms it looks like the deal will be closed soon.