Elon Musk has repeatedly expressed his obsession with freedom of expression and democracy. “Twitter has become a kind of de facto public square, so it’s really important that people believe and perceive that they can speak freely within the confines of the law,” he said in the last TED talk he gave.
In this sense, the tycoon has repeatedly expressed his concern about the moderation of Twitter content. Musk has criticized moderators for intervening too much on the platform. In a tweet Monday, ahead of the announcement of his deal with Twitter, Musk said he hoped even his “worst critics” would continue to use the platform “because that’s what free speech means.”
But beyond the changes in the platform analysts already assure that this purchase will force its main competitors to make changes as well. This deal “puts the world’s richest man in charge of one of the most influential social networks,” Clare Duffy and Donie O’Sullivan of CNN wrote.
“It would mark one of the biggest acquisitions of a technology company and will probably affect the direction of social networks”The Wall Street Journal team wrote when the news broke.
In the short term, experts say that nothing will change since the negotiation process takes time. Musk may not take full control for another three months. Bad news for savers is that now that the purchase has been completed, the company will have to withdraw from the stock market and transform it into a private firm. For that, the approval of the US Securities and Exchange Commission (SEC) must be awaited. The most recommended by analysts is that those who already have shares in Twitter give it some time. The truth is that with the purchase of Musk, the company will be revalued with some changes, including new products. In the long term, Twitter has already started to generate appeal.
Source: Ambito
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