Twitter is probably Elon Musk’s favorite place on the web, and the eccentric billionaire with over 82 million followers is one of the platform’s most popular users. It was on Twitter many times that Musk revealed the most important decisions concerning his companies, and even through Tweety he “steered” the valuation of their shares (this was the case, for example, when he announced that he was going to withdraw Tesla from the stock exchange).
Musk excuses himself from the offer to buy Twitter
A few days ago, Musk made a rather surprising offer. and is able to allocate a trifle of $ 43 billion ($ 54.20 per share) for this purpose. A moment earlier, he bought 9.2 percent. Twitter shares, becoming its largest shareholder. He has also been given a seat on the company’s management board, but has not yet made use of the opportunity to sit on it.
Now he appeared at the TED (Technology, Entertainment and Design) conference in Vancouver, where he spoke about Twitter in an interview with Chris Anderson. Elon Musk admitted that he “technically can afford Twitter” but he doesn’t want to do it for profit and has a different goal. He would like the social network to be a mainstay of freedom of speech on the Internet.
Musk also reiterated that in his opinion the Twitter algorithm should be made available to the public to increase the transparency of the website’s activities. He also revealed what he thinks freedom of speech is:
A good indicator of whether or not freedom of speech is in a place is if someone you don’t like can say something you don’t like. (…) It’s damn annoying, but (…) it’s a sign of a well-functioning freedom of speech
Musk explained, answering Anderson’s question.
The billionaire also admitted that he would like Twitter to provide the ability to edit Tweets, but most likely it would have to be limited to some time after publication. In addition, when editing the entry, all likes and retweets should be – according to the billionaire – reset.
The head of Twitter referred to Musk’s offer
The offer of the richest man in the world – as it is unofficially known – has already been referred to by the CEO of Twitter, Parag Agrawal. According to a report, he told Twitter employees on Thursday that the company was still assessing the $ 43 billion value. Elon Musk’s offer, but is preparing for a possible “protracted dispute” with the billionaire.
Source: Gazeta
Ricardo is a renowned author and journalist, known for his exceptional writing on top-news stories. He currently works as a writer at the 247 News Agency, where he is known for his ability to deliver breaking news and insightful analysis on the most pressing issues of the day.
