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 showtime billionaire to step into a media-next infinite, the movement leaves users and members of the general public with many questions.
Will the acquisition pb to a new showtime for Twitter — or does it signal the stop of Twitter every bit people know information technology? (For starters, Musk has already mentioned that he’ll accept Twitter, which has been publicly traded for about a decade, private in a few years.) And, most importantly, is Musk’southward buy even worth worrying about? Ultimately, whether you lot find the buy apropos or exciting is primarily a matter of perspective. However, if you’re on the fence, here are some points you may want to consider.
What Are Twitter Users (and the General Public) Focused on Now?
When news of Musk’s pending purchase broke, Twitter users and members of the general public turned their attention to 3 key areas:
- How will Musk’s views on free speech impact the platform?
- Will Musk reinstate banned users?
- And will an “edit” button ultimately make its way to Twitter?
Want to know a bit more? Let’s intermission downwards each of those topics i-by-one.
Musk and Costless Spoken language
1 bespeak that has Twitter users and the general public divided involves how Musk may modify the platform’due south standards in regards to speech. Generally, the tech giant considers himself a “free voice communication absolutist,” and has previously been critical of Twitter for what he feels is censorship.
However, while Musk has defended his ain right to speak in certain fashions (as well as the rights of some of his supporters), his dedication to free spoken communication on the whole doesn’t seem all-inclusive. For instance, some separation agreements, which laid-off Tesla employees accept discussed, feature not-disparagement clauses without finish dates, effectively barring the workers from sharing whatever 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 complimentary speech vs. hate oral communication — particularly in regards to social media — is highly divisive. What’due south considered the erstwhile in some people’due south eyes falls well into the latter for others. Since Elon Musk’s definition of the terms may ultimately lead the way 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 equally to how Musk may handle previously banned users. Several high-profile accounts — including that of former president Donald Trump, congresswoman Marjorie Taylor Greene, Infowars-possessor Alex Jones and writer Milo Yiannopoulos — could be targeted for reinstatement, depending on how Elon Musk views the bans.
Again, the topic is highly divisive. While some feel that the accounts above, among others, were unfairly shut down, others believe these accounts posted hate spoken communication and/or spread misinformation, something many social media platforms have been allegedly cracking downward on. Since that’south the case, how Musk gain does have potential ramifications, particularly when information technology comes to whether he’s viewed every bit a free speech or hate speech supporter.
The Much-Requested Edit Button
On a potentially less contentious point, 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 — and claimed a poll posted by Musk well before his acquisition of the company wasn’t relevant to that motility — it’s yet to come up to full fruition.
With Musk at the captain, evolution of the edit push button may accelerate dramatically. While many people certainly find it enticing — fixing typos is always a plus, right? — others take voiced concern that editable content would fundamentally alter the platform and, potentially, encourage the spread of misinformation.
An edit push isn’t as chance-free every bit it may seem. A person could mail an innocuous tweet, gather appointment, and then change the content of the tweet to something else — be information technology hate speech or information that’s non 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 Means for Employees
When news broke of Musk’s bid to buy Twitter, employees of the social media giant weren’t universally thrilled — simply they also weren’t all up in arms, either. Instead, but every bit users and the general public are divided, 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. Others are concerned about the fundamentals, such every bit pay reductions or layoffs that could come up with a major overhaul. While current Twitter leadership attempted to assuage many fears, the future of Twitter from an operational standpoint
unclear. One time the deal closes, the current board of directors volition cease to be. That alone creates a pregnant amount of uncertainty.
Similarly, while in that location are laws that outline sure content moderation requirements, the rules for private companies are generally looser than public ones. While Musk couldn’t inherently act in whatever manner he sees fit, in that location may be fewer safeguards once he assumes control.
However, not all view the situation negatively. Some employees see this as a potential opportunity for innovation and growth. Others are simply choosing to roll with the possible changes, reserving judgment until a degree of clarity is achieved.
And so, Should Yous Intendance That Elon Musk Is Buying Twitter?
How you experience most Musk ownership Twitter is, in the end, a personal choice. The SpaceX founder bold command of the platform could atomic number 82 to some meaning changes — for better or worse.
While Musk’due south gratuitous spoken language track tape is mixed, it ultimately isn’t clear how his perspective would alter (if at all) content moderation and free speech standards on the platform. Additionally, he hasn’t stated whether whatever reinstatements would
occur, leaving that upwardly in the air — although Twitter’s electric current leadership noted that the power to reinstate banned users would rest firmly in Musk’s hands. As of now, fifty-fifty the time to come (and condition) of the edit button is uncertain.
If you lot’re a Twitter investor, the fact that Musk’s goal is to take the company private is something you should be aware of; after all, shareholders do still have a say, which impacts whether or not the sale will movement frontward. Right now, there are nevertheless more approvals to navigate before the $44 billion deal closes.
However, if information technology does shut, investors will get a set corporeality of cash based on the stock they hold. Afterwards that, their portfolio is Twitter-free, something which may be cause for concern depending on your portfolio size and composition. Plus, you lot may have to contend with taxes. All of this being said, some investors are looking at Twitter alternatives now instead of later, ensuring they have a plan for what many believe to be an inevitable bargain.