Twitter on Monday announced it has accepted billionaire Elon Musk’s bid to takeover the social media company for $44 billion.
Elon Musk will soon hold the keys to Twitter.
Twitter’s board of directors unanimously agreed to Musk’s offer to purchase the social media platform for roughly $44 billion
The company announced on Monday that it has accepted the Tesla CEO’s $44 billion offer to take the company private.
Musk has a warped view of free speech that’s not befitting of someone running a social media platform.
His sophomoric perception of “free speech” draws from right-wing logic claiming moderation.
He nodded to these beliefs in his statement announcing the purchase by saying that “free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.”
The world is at a crossroad when it comes to social media, with some countries taking safety measures and others flirting with danger. The European Union on Friday approved legislation that will force companies like Facebook and Google to protect EU users from hate speech. Meanwhile, the United States seems to be doing the opposite, allowing an acquisition that seems primed to make social media more insufferable than ever before.