Elon Musk takes over Twitter!

 Elon Musk, twitter, Musk,Donald trump,

The story of Twitter and Elon Musk, at first, seems like a one-sided love story, an unequal pairing in which the balance of power between the two sides is disturbed.

Elon Musk loves Twitter, has a huge audience of 83.8 million followers, and he tweets a lot on the platform, sometimes he writes controversial tweets, and sometimes his tweets are catastrophic.

The US Securities and Exchange Commission had prevented him from writing tweets about the affairs of his electric car maker, Tesla, after one tweet led to a decline in the company's market value by about $ 14 billion, in addition to his previous prosecution for defamation after a tweet in which he ridiculed a British diver who participated in Rescue of cave children in Thailand, 2018, in which he described him as a "cave diver".

However, that did not prevent him from continuing to tweet. On the other hand, Twitter was less attracted to Elon Musk.

You might think that if someone offered you $44 billion to buy a 16-year-old company that didn't really enjoy the explosive growth of rival sites, they'd do you a favor, which is why Twitter shareholders are inclined to agree to the deal.

Musk said he would like to see Twitter realize its "extraordinary potential" and that he is not even interested in making a profit from it. He has a lot, and billionaires can have different priorities.

Twitter's reaction was that it took a direct defensive position, represented in the implementation of the "poison pill" strategy, which prevents anyone from owning more than 15 percent of its shares, while Musk insisted on achieving his goal, and despite the company's initial position, an agreement has now been reached regarding Deal.

freedom of expression

Twitter's board may have been annoyed by Musk's earlier statement that he wanted the platform to implement more "freedom of speech" and change the policy of moderation, a statement welcomed by many Republicans, who have long felt that Twitter's moderation policies favor free speech for views. left-wing.

However, regulators around the world are mobilizing efforts to crack down on social networks and force them to take more responsibility for their content, as well as impose heavy fines for non-compliance and post material that incites violence, abusive or categorized speech hate, and other things.

And moving on to talking about Twitter's finances, the company's main business model is advertising, and Musk wants to change that, as he pays more attention to subscriptions, he says, which is very difficult in a work environment where all major social networks are free to users. .

And if Twitter users would rather not use their data for profit, and are willing to pay for it, the move is a risky one.

Musk also loves cryptocurrencies, so could he use the platform to catalyze the movement of payments in volatile and unprotected currencies like Bitcoin?

Then there is Musk himself. The richest man in the world, an entrepreneur with a string of hits including PayPal and Tesla, is charismatic and spontaneous, making him a truly out-of-control streak who likes to test boundaries and break the rules.

The reason for his refusal to join Twitter's board of directors, after buying a 9.2 percent stake in January, is that he does not want to be bound by any responsibility.

Will Trump return to Twitter after Musk's acquisition?

Despite the agreement to acquire "Twitter" obtained by billionaire Elon Musk, former US President Donald Trump, who is banned from the site, "will not return" to use it and will be satisfied with the platform he owns.

Sources told Reuters that Trump will not return to Twitter and will use the platform owned by Truth Social.

Earlier, Musk talked about his relationship with the US President and said that it was good, and Trump described Musk as "one of our geniuses." Therefore, many expected Trump to return to Twitter if Musk acquired it.