Skip to content
Home » Elon Musk Buys Twitter in a 44 Billion Dollar Deal

Elon Musk Buys Twitter in a 44 Billion Dollar Deal

Elon Musk, the world’s richest man and owner of companies such as SpaceX and Tesla, has taken over as Twitter’s new Boss. He paid approximately $44 billion for Twitter. After this acquisition, Twitter is expected to undergo modifications.

Embed from Getty Images

This is also because Musk has been outspoken about several changes in Twitter. He has frequently used Twitter to protest the policies of this microblogging platform. In such a case, it is expected that Musk will make a number of significant modifications to Twitter.

Elon Musk free Speech Assurance 

After purchasing Twitter, Elon Musk sent his first tweet regarding free speech. Musk has made it clear that he will continue to stress the value of free speech. Freedom of speech, according to Musk, is a cornerstone of democracy. He went on to say that Twitter is a digital town square where crucial future human concerns would be debated.

Twitter privatization aim 

In a regulatory filing, Elon Musk stated that he wants to turn Twitter into a private firm. He had previously stated that Twitter should be privatised. Twitter has tremendous potential. I’ll take care of it. In such a position, there is a lot of anticipation that Twitter will be converted to a private firm in the near future.

Edit Button for Tweets expected soon 

Twitter users have been requesting an edit button for a long time. Musk conducted a survey in April to gauge Twitter users’ opinions on the subject. More than four million people took part in the poll, with more than 70% of them favouring the edit button. Later, Twitter stated that an edit button had been in the works since last year. In this situation, it is highly likely that Twitter users will soon be able to edit their tweets.

Blue Tick authentication and Proper Reach Goal

Musk stated that he would boost user confidence by bringing transparency to the microblogging site’s algorithms. Users are currently complaining that Twitter is limiting their reach. Increasing algorithm transparency will aid in the resolution of user complaints. In addition, he believes that each user’s account should be real. Twitter currently uses blue ticks to authenticate only a few users. It may be easy for Twitter users to get blue ticks in the coming days in this situation.

Read more of our Trending News Articles.

Leave a Reply

Your email address will not be published.