On Apr 25, 2022, Elon Musk, CEO of Tesla and SpaceX, struck a tentative deal, purchasing Twitter for $44 billion. While he isn’t the commencement billionaire to footstep into a media-adjacent infinite, the move leaves users and members of the full general public with many questions.
Will the conquering atomic number 82 to a new starting time for Twitter — or does it bespeak the end of Twitter equally people know it? (For starters, Musk has already mentioned that he’ll take Twitter, which has been publicly traded for about a decade, individual in a few years.) And, most importantly, is Musk’s purchase even worth worrying about? Ultimately, whether you lot find the buy concerning or exciting is primarily a thing of perspective. However, if you lot’re on the fence, here are some points y’all may desire to consider.
What Are Twitter Users (and the General Public) Focused on At present?
When news of Musk’south awaiting buy broke, Twitter users and members of the full general public turned their attention to three central areas:
- How volition Musk’due south views on free speech communication impact the platform?
- Will Musk reinstate banned users?
- And volition an “edit” button ultimately make its fashion to Twitter?
Want to know a bit more? Allow’s suspension downwards each of those topics ane-past-one.
Musk and Free Speech
I signal that has Twitter users and the general public divided involves how Musk may alter the platform’s standards in regards to speech. Generally, the tech behemothic considers himself a “free speech absolutist,” and has previously been critical of Twitter for what he feels is censorship.
However, while Musk has defended his own correct to speak in sure fashions (as well as the rights of some of his supporters), his dedication to gratis speech on the whole doesn’t seem spread-out. For instance, some separation agreements, which laid-off Tesla employees have discussed, characteristic non-disparagement clauses without end dates, finer barring the workers from sharing any negative or disquisitional opinions of the company, its leaders and other associates, fifty-fifty if those thoughts are potentially justified and evidence-backed.
The topic of free oral communication vs. hate speech — specially in regards to social media — is highly divisive. What’south considered the former in some people’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 full 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 every bit to how Musk may handle previously banned users. Several high-profile accounts — including that of former president Donald Trump, congresswoman Marjorie Taylor Greene, Infowars-owner 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 close downwards, others believe these accounts posted detest spoken communication and/or spread misinformation, something many social media platforms have been allegedly great down on. Since that’s the case, how Musk proceeds does have potential ramifications, especially when it comes to whether he’s viewed as a free speech or hate speech supporter.
The Much-Requested Edit Push button
On a potentially less contentious point, Musk purchasing Twitter may bring almost a feature that’s been long-desired by many: the edit push. While Twitter was reportedly already working on an edit push button — and claimed a poll posted past Musk well before his acquisition of the visitor wasn’t relevant to that move — it’south however to come up to full fruition.
With Musk at the captain, evolution of the edit push may accelerate dramatically. While many people certainly find information technology enticing — fixing typos is always 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 hazard-free equally it may seem. A person could post an innocuous tweet, gather appointment, and then alter the content of the tweet to something else — be it hate speech or information that’s 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 inverse later the fact.
What Elon Musk Buying Twitter Means for Employees
When news broke of Musk’south bid to purchase Twitter, employees of the social media giant weren’t universally thrilled — simply they also weren’t all up in arms, either. Instead, only every bit users and the general public are divided, and then is Twitter’due south staff.
Some employees fear that Musk will effectively gut moderation on the platform, potentially leaving information technology ripe for conspiracies, scams, hate speech, and more than. 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 will cease to exist. That solitary creates a meaning amount of doubtfulness.
Similarly, while there are laws that outline sure content moderation requirements, the rules for private companies are generally looser than public ones. While Musk couldn’t inherently human action in any manner he sees fit, in that location may exist fewer safeguards once he assumes command.
However, not all view the situation negatively. Some employees see this every bit a potential opportunity for innovation and growth. Others are simply choosing to curl with the possible changes, reserving judgment until a caste of clarity is achieved.
And so, Should You lot Care That Elon Musk Is Buying Twitter?
How you feel virtually Musk buying Twitter is, in the end, a personal choice. The SpaceX founder bold control of the platform could pb to some pregnant changes — for better or worse.
While Musk’s free spoken communication rails record is mixed, it ultimately isn’t clear how his perspective would alter (if at all) content moderation and complimentary oral communication standards on the platform. Additionally, he hasn’t stated whether any reinstatements would
occur, leaving that up in the air — although Twitter’s current leadership noted that the power to reinstate banned users would rest firmly in Musk’s hands. Every bit of at present, fifty-fifty the future (and status) of the edit button is uncertain.
If you’re a Twitter investor, the fact that Musk’s goal is to take the company private is something yous should be aware of; later on all, shareholders do however have a say, which impacts whether or not the sale will motion forward. Right at present, there are still more approvals to navigate before the $44 billion deal closes.
However, if information technology does close, investors volition become a set up corporeality of cash based on the stock they hold. After that, their portfolio is Twitter-gratuitous, something which may be cause for business depending on your portfolio size and limerick. Plus, you may have to fence with taxes. All of this beingness 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 deal.