And if Elon Musk becomes the owner of Twitter
There’s an imminent danger coming if Twitter agrees to sell the company
When businessman and billionaire Elon Musk arrived at the company Twitter, he arrived as if he wanted nothing more than to be just a shareholder, in the shares of Twitter he bought 9.2% for almost $ 3 billion.
Theoretically, he has no decision-making power, but the financial market and internet users speculate about changes in the social network.
Because he is Elon Musk with an enormous power of influence, they even offered him a place on the company’s board of directors, for those who only wanted to be a shareholder, he denied it.
But now Elon Musk surprised “many” with the desire to buy the entire Twitter just for him has he gone crazy? Will Twitter accept it? Keep reading to find out more.
For those who don’t know, Elon Musk is the richest man in the world, with a net worth valued at US$ 219 billion he owns Tesla, the electric car manufacturing company that makes him a lot of money, he owns the SpaceX company of space exploration and others and maybe for me and you with some of these companies we would already be fine, but Elon Musk no, he wants one more, Twitter, he looks like Thanos filling his gauntlet with the infinity stones (hope you understand this joke).
Incredibly, Elon Musk is more than a frequent user of Twitter, he posts everything there and influences movements in the investment market with his posts on Twitter, he is very controversial, as Twitter is the platform he chose to do so.
He offered $43 billion for the company Twitter is now valued at $37 billion, but will Twitter accept it? Now we understand better why he turned down the post of director of Twitter because according to the company’s clauses the board member cannot own more than 14% of the company’s shares, so you could see Elon’s line of thinking, right?
With this purchase, he could close the company’s capital, which means that Twitter would leave the stock exchange, the shares would no longer be traded on the market, it would be a company with only one owner, without any partner, so this owner would have to pay with all the losses but in return, he would also get all the profits.
So he wouldn’t need anyone else to make changes to Twitter, he loves this social network, but there’s an imminent danger coming.
Elon Musk sends a letter to Twitter saying all the plans he has for the social network
He says that Twitter has the potential that he can unlock, and here comes the bomb. He believes that Twitter can become the platform for absolute freedom of expression where any user can say whatever they want.
Let’s face it. It’s a risky proposition so far, no platform with this freedom has had commercial success, absolute freedom of expression is an open door to hate speech, fake news, and denialism, in my opinion, this is a danger.
We have to understand that Twitter isn’t isolated in the world the app is distributed in Google and Apple stores, and if these big companies start to believe that Twitter is a problem having hate speeches and much more Apple and Google can remove the stores’ Twitter, simple as that.
What would he do? Would he buy Apple and Google? I don’t doubt it either maybe it won’t happen it’s just a thought I had.
Twitter is already criticized for letting the Taliban leader publish about the invasion live, supporters of former US President Donald Trump criticized the platform’s lack of discretion, I believe Elon Musk is getting into a hole too deep but he is still deciding to go ahead.
He predicted that Twitter won’t evolve if he doesn’t make changes to the platform but he realized and wrote that he can’t do anything if he doesn’t own the company and the question doesn’t want to shut up is:
Will Twitter accept it? And if they don’t accept?
At least if they don’t accept, we already know that Elon Musk will sell his share of the stocks and will not remain in the company.
And what do you think? What if Elon Musk becomes the owner of Twitter?
