On April 25, 2022, Elon Musk, CEO of Tesla and SpaceX, struck a tentative deal, purchasing Twitter for $44 billion. While he isn’t the first billionaire to step into a media-adjacent space, the move leaves users and members of the general public with many questions.
Will the acquisition atomic number 82 to a new beginning for Twitter — or does information technology signal the cease of Twitter as people know it? (For starters, Musk has already mentioned that he’ll take Twitter, which has been publicly traded for most a decade, private in a few years.) And, virtually importantly, is Musk’south purchase fifty-fifty worth worrying nigh? Ultimately, whether you find the purchase concerning or exciting is primarily a matter of perspective. However, if you’re on the fence, here are some points yous may want to consider.
What Are Twitter Users (and the General Public) Focused on At present?
When news of Musk’s awaiting purchase bankrupt, Twitter users and members of the full general public turned their attention to 3 primal areas:
- How will Musk’s views on free speech affect the platform?
- Will Musk reinstate banned users?
- And will an “edit” button ultimately make its manner to Twitter?
Want to know a bit more than? Let’s break down each of those topics one-by-one.
Musk and Gratis Speech
1 indicate that has Twitter users and the general public divided involves how Musk may alter the platform’s standards in regards to spoken communication. More often than not, the tech behemothic considers himself a “free oral communication absolutist,” and has previously been critical of Twitter for what he feels is censorship.
However, while Musk has dedicated his own correct to speak in sure fashions (as well as the rights of some of his supporters), his dedication to costless spoken communication on the whole doesn’t seem all-inclusive. For instance, some separation agreements, which laid-off Tesla employees have discussed, feature non-disparagement clauses without end dates, effectively disallowment the workers from sharing whatsoever negative or critical opinions of the company, its leaders and other associates, even if those thoughts are potentially justified and show-backed.
The topic of free spoken communication vs. hate speech — peculiarly in regards to social media — is highly divisive. What’southward considered the former in some people’s optics falls well into the latter for others. Since Elon Musk’southward definition of the terms may ultimately lead the manner for Twitter, users and the general public are divided on whether the platform may alter for the better or the worse.
Banned User Reinstatements
In a similar vein, many people are curious as to how Musk may handle previously banned users. Several loftier-contour accounts — including that of onetime president Donald Trump, congresswoman Marjorie Taylor Greene, Infowars-owner Alex Jones and author Milo Yiannopoulos — could be targeted for reinstatement, depending on how Elon Musk views the bans.
Again, the topic is highly divisive. While some experience that the accounts above, among others, were unfairly shut down, others believe these accounts posted hate speech and/or spread misinformation, something many social media platforms take been allegedly cracking downwards on. Since that’due south the instance, how Musk proceeds does accept potential ramifications, particularly when it comes to whether he’due south viewed as a gratuitous speech or hate spoken communication supporter.
The Much-Requested Edit Button
On a potentially less contentious indicate, Musk purchasing Twitter may bring about a characteristic that’s been long-desired by many: the edit button. While Twitter was reportedly already working on an edit push button — and claimed a poll posted by Musk well before his acquisition of the company wasn’t relevant to that move — information technology’south nevertheless to come to full fruition.
With Musk at the captain, development of the edit button may advance dramatically. While many people certainly find it enticing — fixing typos is ever a plus, right? — others have voiced concern that editable content would fundamentally alter the platform and, potentially, encourage the spread of misinformation.
An edit button isn’t as risk-free as it may seem. A person could postal service an innocuous tweet, gather date, and so modify the content of the tweet to something else — be information technology hate voice communication or information that’due south not properly fact-checked. That could come with ramifications for those who liked, commented on, or retweeted the original message, particularly if they were unaware that the content changed after the fact.
What Elon Musk Buying Twitter Ways for Employees
When news broke of Musk’s bid to buy Twitter, employees of the social media giant weren’t universally thrilled — merely they also weren’t all up in arms, either. Instead, just as users and the general public are divided, and so is Twitter’s staff.
Some employees fear that Musk will effectively gut moderation on the platform, potentially leaving it ripe for conspiracies, scams, hate speech, and more than. Others are concerned virtually the fundamentals, such every bit pay reductions or layoffs that could come with a major overhaul. While current Twitter leadership attempted to assuage many fears, the time to come of Twitter from an operational standpoint
unclear. In one case the deal closes, the current lath of directors volition finish to be. That lonely creates a pregnant amount of uncertainty.
Similarly, while at that place are laws that outline certain content moderation requirements, the rules for individual companies are generally looser than public ones. While Musk couldn’t inherently act in whatever manner he sees fit, there may be fewer safeguards once he assumes control.
Even so, not all view the situation negatively. Some employees come across this as a potential opportunity for innovation and growth. Others are simply choosing to whorl with the possible changes, reserving judgment until a degree of clarity is achieved.
So, Should You Intendance That Elon Musk Is Buying Twitter?
How you feel most Musk buying Twitter is, in the end, a personal choice. The SpaceX founder assuming command of the platform could lead to some pregnant changes — for better or worse.
While Musk’s free speech runway record is mixed, it ultimately isn’t clear how his perspective would change (if at all) content moderation and gratuitous speech standards on the platform. Additionally, he hasn’t stated whether any reinstatements would
occur, leaving that up in the air — although Twitter’south current leadership noted that the power to reinstate banned users would rest firmly in Musk’s hands. As of now, even the time to come (and status) of the edit button is uncertain.
If y’all’re a Twitter investor, the fact that Musk’southward goal is to accept the company private is something you should be aware of; after all, shareholders do still take a say, which impacts whether or not the sale volition move forward. Right now, at that place are still more approvals to navigate before the $44 billion bargain closes.
However, if it does close, investors will get a gear up corporeality of greenbacks based on the stock they hold. Afterwards that, their portfolio is Twitter-free, something which may be cause for business organisation depending on your portfolio size and composition. Plus, y’all may accept to contend with taxes. All of this being said, some investors are looking at Twitter alternatives now instead of after, ensuring they have a plan for what many believe to exist an inevitable deal.