Photo: JIM WATSON / AFP / Getty Images
The well-known businessman, Elon Musk, has gone from wanting to be the majority shareholder of the social network Twitter, to wanting control total of the corporation. And that is news, now the purchase needs to be completed, but the question that many people ask is Why does Elon Musk want to be the absolute owner of the social network of the little blue bird?
The first theory is practically substantiated by himself. Well Musk has on many occasions expressed his dissatisfaction with the handling of the platform . In addition, when it became known that he had acquired shares in it, the first thing that stood out was that “important changes were coming.”
Elon Musk, also intends to withdraw Twitter from the stock market listing. Meanwhile, the current shareholders of the social network have indicated that they will “carefully examine” Musk’s offer . The decision will be made according to what the Board of Directors believes is best for the company.
The CEO of Tesla and SpaceX, insists that his interest in the social network is expressly due to its interest in the proper use of “freedom of expression throughout the planet”. For the businessman, tycoon and active Twitter user, freedom of expression is a “social imperative in a democracy”. This is what he himself hinted at on the platform.
Free speech is essential to a functioning democracy.
Do you believe Twitter rigorously adheres to this principle?
— Elon Musk (@elonmusk) March 25, 2022
This is how, on several occasions, Elon Musk has let it be known that the issue of freedom of expression interests him, and that he is willing to do “whatever he can” to improve it.
On the other hand, some Internet users and even expert investors They think the tycoon just wants to be entertained, since he is always very active on the platform.
It was learned that the value of your offer exceeds 40 billion dollars. This total cost amount is calculated based on an average of $54 dollars per share , since these have skyrocketed since the CEO of Tesla announced his integration into the administrative board of the blue bird network.
It was about two weeks ago, the news was made public that the past 14 March, Musk acquired 9.2% of Twitter which made him the main shareholder of the company.
Your first investment was for an amount of almost $3,04 million dollars, now we are talking about more than 40 thousand millions of dollars. Which shows that he is really interested in changing something.
On the other hand, yesterday it was learned that Elon Musk is facing a lawsuit for revealing “late” his participation in the purchase of Twitter shares.
Twitter has been announcing restructuring for some time, ever since Jack Dorsey resigned in November 2021: it’s finally time to That I leave”; now the new head of the little blue bird network, Parag Agrawal, promised changes and improvements. And Musk seems to want to be part of this and has even said publicly that he “believes in the potential of the platform.”
One of the ambitions for the 2023 of the Twitter platform, is the increase in their followers and their annual income. We will see if changes or goals are established regarding the management of content in it.