Several of the comments on billionaire Elon Musk’s attempt to acquire Twitter last week gave the impression the world was ending.
However, in reality, all that’s potentially ending is leftist ownership of Twitter; however, for a Democrat, that’s virtually the same thing as the world coming to an end.
His Offer
Tesla CEO Elon Musk made an unsolicited offer to Twitter’s board of directors last week to purchase the business altogether.
This followed a series of cryptic comments concerning the company’s content moderation procedures and whether they promote or restrict free expression on the platform.
Tesla chief Elon Musk secures $46.5 billion funding to buy Twitter, may consider buying stocks directly from shareholdershttps://t.co/1xWY6GJq3n
— OpIndia.com (@OpIndia_com) April 22, 2022
He made them an offer of $43 billion and promised to take the corporation private so he could “unleash” the “potential” of the company.
A subsequent discussion with him revealed he wants Twitter to be “an encompassing arena for free speech” where people “are free to express themselves willingly within the boundaries of the law.”
Though he did not comment on his vision for the company, he later clarified he hopes it will serve as an “inclusive arena for free speech.”
In its current state, Twitter is anything but that.
While foreign despots in China and Iran are permitted to spread propaganda and lies on the platform on a regular basis, Twitter banned a sitting president of the United States.
It also de-platformed innumerable others for “spreading COVID-19 misleading information.”
Twitter then prevented users from wanting to share a news article that contained incriminating evidence about the Biden family just weeks before a presidential election in the United States.
What if @elonmusk bought 9.2% in Twitter not to fix it, but rather to expose the insane ways the algorithm and activist employees have been manipulating us? (Shadowbans, de-bosting, reading our DM’s, etc.)
Maybe he can find out who at Twitter censored the Hunter Biden story?
— Dave Rubin (@RubinReport) April 4, 2022
The company blocked the popular profile, The Babylon Bee, which has been suspended for calling attention to the fact that a transgender woman is male.
It also blocked the famous account, Libs of TikTok, which has been suspended for the “wrongdoing” of sharing publicly available videos already available to the general public on other social media platforms.
Possible Victory Nonetheless
Its content moderation procedures are ambiguous, unequally applied, and skewed in one direction.
Musk and Twitter are well aware of this, which is why they are doing all they can to stop him from entering the company and changing things.
In response to Musk’s offer, the board of directors enacted a so-called poison pill, which forbids him from raising his interest in the firm above 15 percent. The board is also apparently attempting to mobilize shareholders against Musk’s offer.
At least for the time being, Musk, on the other hand, is unwavering.
He intimated last week that he would launch a tender offer for the firm, in which case he would contact Twitter’s shareholders directly and purchase their shares of the company.
It is possible that he will successfully convince the board to sell to him.
Irrespective of whether Musk’s offer is accepted, there is little doubt he compelled Twitter and other major technology businesses to exercise caution.
Musk will have won a big victory if this kind of pressure makes Twitter stop censoring and repressing people.