What do you do when you’re a billionaire who wants to buy a social media platform? You go and buy one, obviously! At least that’s what Elon Musk did on April 25. According to Reuters, Musk purchased Twitter Inc for $44 billion. That’s undoubtedly one of the hottest news coming from the social media world right now.
This acquisition is controversial, to say the least. Many people are afraid that Musk will decrease moderation and reinstate many banned people, including Donald Trump. As the Tesla CEO put it: “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.”
So far, Musk has announced his plans to publicize the algorithm for prioritizing tweets and implement some user-friendly changes, like, e.g., the anticipated edit button. What does the future hold for Twitter? We’ll have to wait and see.
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