Elon Musk made a massive move on Monday with his Twitter takeover. Now, what are my honest thoughts on the $44-billion deal and the future of the platform under his leadership?
I celebrate for all of America and democratic countries with Elon Musk’s successful takeover of Twitter.
This may be the one of the greatest acts in American history to protect free speech and democracy.
Monday, April 25, Musk announced, “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.”
Despite the board of Twitter’s recent attempt to use a poison pill defense to prevent Musk’s buyout, they quickly surrendered to his $44 billion offer to take the company private.
“The Twitter Board conducted a thoughtful and comprehensive process to assess Elon’s proposal with a deliberate focus on value, certainty, and financing. The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders,” says Bret Taylor, Twitter’s independent Board Chair.
What does Elon Musk’s takeover mean for Twitter’s future?
While I am a huge fan of this purchase by Elon for the importance of free speech, I still have many questions about what he will do with the business, like:
1) Can Elon figure out how to make Twitter the great company that Jack Dorsey has failed to build since March 21, 2006?
Musk says, “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”
2) Despite his claims that he has no economic motivation, will Elon make the company profitable?
3) How will Elon integrate into Twitter and benefit Tesla owners, and is this one of his motivations?
4) Will Twitter become a social platform to compete with Zuck’s dying Facebook/Meta?
5) Will Twitter allow Donald Trump back on the platform, and will Donald Trump go back to Twitter?
I was disappointed when I heard the 45th President tell Fox News he would not return to the platform. I do believe he will at some point.
To wrap everything up, my biggest personal question is:
What about you, what are your thoughts on Elon Musk’s Twitter takeover? Let me know in the comments below.
Featured image source: Elon Musk photo by James Duncan Davidson, CC BY-NC 3.0. Grant Cardone photo and additional design provided by GCTV staff.
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Interesting to see where this goes….. I agree it might just fade off as did mysplace, clubhouse and other platforms….
I like the idea of a town square and Authenticate is, I want to learn about different things and laugh and I want know u filtered truths that are there. So opinions we are all learning so much because of technology. I’m born 1983. I had to read magazines and watch tv live and school to learn. I can learn about anything in matter of seconds. Twitter how Elon will move it is going to change and shape our future we will be using crypto on Mars to buy a beer one day over there you’ll see
Terrible. Promoting violence lies is not free speech. N u just let people spew what they want. Then it will be more of 1/6. People getting killed.
Violent lies like the government spews?
I believe it is great. No one else could do what he has done, if they could as in Bezo’s or someone else with lots of money and connections I do not believe their heart is in the right place as Elons is. Free Speech. Critics only have negative comments and thoughts about his takeover, so they can leave and move to Canada 🇨🇦 r wherever else they would like. Free speech….
Just to the point about Trump not returning. He cannot say he is or will while he is still getting his own social media platform off the ground. He would completely pull the carpet from under it.
blocking the laptop and the President of America. Has made the current President’s DISASTER possible. God bless AMERICA.
The problem has never really been weather we had free speech or not fist amendment addresses that. The issue has been we didn’t have a way of being/platform on which to be heard. That may all change now 🗣
I think its great. I like a great debate, and this move will promote just that. This win is a win for all Americans, even if you are convinced its not your voice will still be heard.
This purchase of Twitter by musk will change the world, for the greater good.