Elon Musk has just revealed the reasons for his takeover bid for Twitter. The founder of Tesla claims to want to make the social network a platform entirely dedicated to freedom of expression. Musk says his intentions are selfless. (takes2fitness.com/)
After refusing a seat on the board of directors, Elon Musk has just made a takeover offer to Twitter. The richest man in the world offers to buy the social network for 43 billion dollars. In the details, the CEO of Tesla undertakes to seize 54% of the capital of the company to become the majority shareholder.
Shortly after this offer, Elon Musk revealed the reasons for his bold takeover attempt at a TED conference. By taking over Twitter, the entrepreneur wants to transform the social network into “inclusive arena for free speech”.
Elon Musk wants to abolish censorship on Twitter
Musk has never hidden his opinion regarding censorship on Twitter. The billionaire has repeatedly estimated that the platform applies very strict moderation to the publications of Internet users.
“My strong intuitive feeling is that having a trustworthy and broadly inclusive public platform is extremely important for the future of civilization. Civilizational risk is diminished as we can increase trust in Twitter as a public platform”assured Elon Musk.
As announced when he took a stake, the eccentric billionaire wants to free Twitter from the influence of companies and advertising. In the same vein, Elon Musk wants the social network algorithm becomes open source, and be, de facto, accessible to everyone. This measure aims to avoid “behind the scenes manipulations” to promote content to the detriment of others.
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Elon Musk has also pledged to fight against the proliferation of cryptocurrency scams, which abound on the platform. This commitment seems difficult to keep in the perspective where the founder of SpaceX wants to rid Twitter of censorship to promote freedom of expression.
Finally, Elon Musk was lucid in assuring that there was little chance that Twitter will fall into his hands. “I’m not sure I can actually acquire it”, regretted the 50-year-old man. Musk obviously expects his offer to be declined by Twitter executives.
“Technically, I can afford it. But this is not an attempt to make money. I don’t care about the economy at all”, underlines the boss of Tesla. As always, Elon Musk claims to work at all costs for the common good, without consideration for his personal fortune.
