Why did Elon Musk Buy Twitter?
Today we talk about Why did Elon Musk Buy Twitter: When the news started circulating in the media about Twitter’s new owner, non-other than Elon Musk, people were skeptical about the information.
Everyone was thinking, Why Twitter?
And the reason behind the confusion is apparent because Elon is known for his invention and transformation of dead industries such as the Car and Rocket industry. He has demonstrated to the world that we can move forward toward sustainability.
It was not the question of whether Elon Musk could afford to buy Twitter. Musk is the wealthiest person on the earth, with a net worth of over $200 Billion. Buying a Twitter at forty-four billion dollars was not challenging for him.
As the news spread across the globe, Twitter users have started sharing their views on the deal. Some say the move is correct, and Twitter needs a new brain behind the game to make it progress in the right direction.
Lately, Twitter has been criticized for being public to a closely watched social platform after Twitter started banning famous personalities.
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What is Elon Musk’s vision behind Twitter?
Elon Musk wants to change the integrity of Twitter. He wants to make the public Twitter platform again, but the moderation panel will be open source this time. Programmers will have access to submit their codes similar to the open-source platform and add new features after the community approves the code. Open-source platforms reduce the vulnerability of being managed by a single entity.
A large community will be placed in the front to make vital decisions. Upon users’ agreement, the new features are added. Also, banning users or individual posts will be done through public voting. Actions are taken based on the user’s input on the subject.
Elon wants to promote free speech on Twitter. New policies will be applied to free users from sharing their views and being recognized. However, Elon also added that the country’s law would be applied to a certain extent to maintain the regulation.
What drives Elon to buy Twitter?
Elon’s love for Twitter is not a new thing at all. His tweets have changed many industries. Especially, Elon’s influence on the cryptocurrency market has added more value to the market. Also, his views on various subjects have made people discuss the topic online and share their opinions on the matter. Elon is one of the active members of the social platform.
Elon Musk is open about his views, and he bluntly puts his opinion on Twitter. He was the initiator of the social debate with Jeff Bezos, founder of the Amazon. On several occasions, Elon entered into a heated conversation with the users when he started sharing a funny meme of Bill gates.
Elon also has political and social beliefs about how Twitter should operate. He has some crazy ideas to change the policies of Twitter. He sees the value in Twitter; that’s why he wants to own it so he can improve the platform himself. Elon also stated that he gets lots of pleasure and utility from being on Twitter. But he is not satisfied with the twitters’ policies, so he wants to optimize it to make it better.
There are also possibilities that Elon will introduce some new features to Twitter. Elon advised the users to check the recent tweet by going to the latest update instead of the explore section. Twitter algorithm lacks some of the necessary features. Sometimes the newest tweet does not come to your view until it receives a response from the users. It means most of the tweets are getting unnoticed. Elon wants to make Twitter a more engaging and realistic platform.
The first thing that Elon will do after taking the position of Twitter as the owner is remove the Autobots running in the background. Twitter is flooded with the automated software used to manipulate tweets.
Elon mentions that the Twitter account with the top followers is hardly tweeting in one of the Twitter posts. Still, these accounts have achieved a significant number of followers. It indicates that the bots are doing the job instead of actual humans. All of these factors have lots the credibility on Twitter. Elon wants to revamp the entire operation of Twitter.
He wants to make Twitter an autonomous platform backed by users’ input after making it open source. It will take away the need for moderation, and soon Twitter will have an indigenous community supporting its functions.
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