2022-04-27 18:01:37

Elon Musk is Buying Twitter

Earlier this week, Twitter announced that it had accepted a deal from Elon Musk to buy the company and take it private. Musk is purchasing the social media giant outright for $44 billion ($54.20 per share) after taking a significant stake in the company earlier this month. Many right-wingers are rejoicing over this news because they believe it means “free speech” will return to the platform, and figures currently banned from the site like Donald Trump and Alex Jones will be allowed to come back on. Many on the left are worried about what this means for corporate consolidation. The wealthiest person on the planet has significant footholds in cars, space travel, internet access, and social media. Musk says this is more about facilitating a free and open virtual town square than it is a money-making opportunity, but given his track record at Tesla and his other business ventures, it may end up being both.

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