Elon Musk wants to buy Twitter 100%, to save freedom of expression – LeBigData.fr

Elon Musk announces his intention to buy Twitter 100% and make it a private company. Its objective is to restore total freedom of expression on the social network.

Thunderbolt in the world of social networks. Tesla CEO Elon Musk offers an offer for buy Twitter 100%. The famous businessman is offering $54.20 per share to acquire 100% of the American company.

While Twitter’s capitalization is around $37 billion currently, Elon Musk’s offer would put it at 43 billion of dollars. His proposal was delivered by letter to Twitter on April 13, 2022.

Elon Musk’s goal is to make Twitter a private company. He believes that it is necessary for changes to be made to the social network.

In his letter to Bret Taylor, he states thus: having invested in Twitter because I believe in its potential to be a free expression platform around the worldand I believe that freedom of expression is a societal imperative for a functioning democracy “. He is convinced that he can unlock » the extraordinary potential from Twitter.

Last week, Elon Musk bought 9% of Twitter to become the main shareholder. The next day, Twitter offered him to join the board, but he declined. Now, his true strategy is revealed.

His goal was to to be able to support his offer by exerting pressure on the firm. The businessman thus specifies that he will have to reconsider its position as a shareholder if his offer is not accepted.

Following this proposal, Twitter published A press release to acknowledge receipt. the board of directors will carefully examine the offer to determine whether it is in the interest of the company and the shareholders.

Elon Musk: businessman at the service of humanity

After Tesla, SpaceX, The Boring Company and Neuralink, Elon Musk could expand his business portfolio with Twitter. Ironically, in 2015, he told Jack Dorsey, the creator of the social network, that running more than one company at a time was a bad idea…

However, this acquisition is not a simple fad or a profit-driven investment. Musk’s multiple ventures, multiple business ventures serve the same objective: the survival and evolution of humanity.

For example, he has often sounded the alarm about the dangers of artificial intelligence for humanity. This is the reason why he created Neuralink to allow Man to merge your brain with AI.

Likewise, SpaceX aims to enable humanity to expand beyond the earthly cradle and conquer the universe. It is also about allowing our species to survive the possibility of an apocalypse.

His ambition is also improve human living conditions. As early as 2023, the humanoid robot Tesla Bot could start taking over the menial tasks that we no longer want to do.

Recently, Elon Musk took a stand in the conflict between Russia and Ukraine. Following the Russian invasion, he had Starlink routers delivered to Ukraine to allow residents to continue using the internet through SpaceX’s satellite connection system.

Transforming Twitter into a space for free expression

The acquisition of Twitter is also part of a desire to preserve and extend democracy. On March 25, 2022, Musk published a survey on his account on the social network followed by more than 80 million people.

He asked Internet users if they believe that Twitter strictly adheres to the principle that ” freedom of expression is essential to a functioning democracy “. Out of more than two million voters, 70% answered » Nope.

As soon as this survey was published, Musk stated that » the consequences of this survey would be important. The next day, in response to the majority of negative responses, he asked another question: Knowing that Twitter serves as the de facto village public square, failing to adhere to the principles of free speech fundamentally harms democracy. What do we have to do ?

It is probably after careful considerationand after consulting the many responses from Internet users to his questions, that Elon Musk decided to try to buy Twitter.

At present, censorship is rampant on Twitter and certain opinions can be enough to get you banned from the network. In 2020, the platform had created controversy by banning Donald Trump following the US presidential elections. More recently, journalists from the Russian media RT were permanently banned.

Many users would like the social network to give more freedom to expression, but do not have a fortune estimated at 260 billion dollars to allow them to consider solving the problem on their own.

Elon Musk’s will is therefore commendable. Nevertheless, she doesn’t just make people happy. From the initial investment of Elon Musk, several employees expressed their dissatisfaction and their intention to resign…

We wish to say thanks to the writer of this article for this outstanding material

Elon Musk wants to buy Twitter 100%, to save freedom of expression – LeBigData.fr

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