Why Did Elon Musk Buy Twitter? Real Behind The Story Scenes

elon musk twitter

Elon Musk is the richest entrepreneur on earth, having a net worth of $223.8 Billion and ranking on no 1st. He fulfils his dream of buying Twitter after long lawsuits, controversies, and verbal mudslinging. He enters the Twitter headquarters holding a sink to show that all the tweets are now sunk in. 

According to three people familiar with the matter, Musk closed his $44 billion deal to purchase the social media service on Thursday night. As part of his cleaning-up effort, Twitter’s chief executive and chief financial officer were among the four top executives fired on Thursday. He met with Twitter’s engineers and ad officials on Wednesday after arriving in San Francisco.

Twitter’s future is uncertain after the deal closed, following months of drama and legal battles during which Musk changed his mind about purchasing the company. Self-described “free speech absolutist” Musk has pledged to “reverse the permanent ban” on former President Donald J. Trump from the social media site. 

As a result of Mr. Musk’s open approach to Twitter speech, long-simmering issues of harmful content might be aggravated, affecting political debates worldwide. A critical test will come within days, when Brazil elects its president and Americans to vote in midterms on Nov. 8. The company promised to stop misleading claims about voting before Mr. Musk became its owner.

Why He Buys Twitter?

To help the community, Elon Musk buys Twitter for $44 Billion. 

Musk says he is purchasing Twitter to “help humanity” as he outlines his plans to take over the social media site.

 “We cannot allow Twitter to become a free-for-all hellscape where anything goes without consequences!”

There are significant changes that need to be made to the social media site, according to Mr Musk.

During Wednesday’s trip with the sink, Mr Musk listed his destination as the Twitter headquarters in San Francisco, but it was unclear whether he met Twitter executives.

twitter headquarters

Mr Musk initially said he hoped to clean up spam accounts on Twitter and preserve it as a free speech platform when he announced his plans to buy it.

Just a few weeks later, Mr Elon, the world’s richest individual and a prolific Twitter user, backed away from the purchase, citing concerns that Twitter had underestimated the fake accounts on the platform. Officials at Twitter denied the allegations, claiming Musk wanted out because of price concerns.

Who is Elon Musk?

Mr Musk is the richest person on earth containing net worth of $240 bn. Elon Musk is an entrepreneur and inventor. He is familiar as the founder, CEO and lead designer of SpaceX, the rocket launch services company that developed its Falcon 9 launch vehicle primarily for commercial satellite launches. He offered the first public demonstration of PayPal in 1999, and a service eBay bought in 2002 for $1.5 billion.” Elon Musk is the founder, CEO of SpaceX and Co-founder of Tesla. He’s also Chairman of SolarCity and The Boring Company, among other projects. A renowned innovator and futurist known for his vision, he has received numerous awards, including being named as one of the world’s 50 best business minds by Fortune Magazine in 2004. 

Why does Elon Musk want to Go To Mars?

Elon Musk believes humanity will spend as much time on Mars as it does on Earth. In an interview, Elon Musk said that he wants to make Mars a city-planet and hopes to convince other people like Jeff Bezos, Richard Branson and James Cameron to collaborating with him on its colonisation. 

How Much Money Does Elon Musk Have?

Elon Musk is the richest businessman on earth containing net worth of $223.8 bn. He is the CEO of Tesla, Chairman of Solar City and co-founder of SpaceX. 

space x

Elon Musk’s Future Plans

Several other Elon Musk projects haven’t yet been put on a timetable, or at least none has been revealed. Hyperloop is another project Musk decided either Tesla or SpaceX would be more involved with. Neuralink, Musk’s attempt to merge the human brain with artificial intelligence, is also in its early stages of development.

There is a lot on Musk’s plate right now. It’s likely there will be stumbles along the way, but Musk’s familiarity with criticism, cynicism, and skepticism will make us surprised at the number of plans he completes by the deadline.

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