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Elon Musk

25.04.2022 Featured Is the ‘Edit’ Button Finally Here? —What Elon Musk’s Twitter Acquisition Means for Users

Published 25th Apr, 2022

By Basit Jamiu

On Monday, Elon Musk struck a deal to buy Twitter for roughly $44 billion, the social media platform agreeing to sell itself for $54.20 a share, a 38 percent premium over the company’s share price.

But what does it mean to have the world’s richest man presiding over the most used social media platform?

FREE SPEECH WILL BE MORE BROADLY DEFINED

Elon Musk is not afraid of unpopular ideas. His capacity to test his unusual ideas is arguably one of the reasons he is the wealthiest man today. Interestingly, his idea of what constitutes free speech may be out of the box and controversial. He has advocated in the past that everyone should be allowed to tweet what they want, which is similar to the views of Donald Trump, the former USA President who was banned from Twitter.

READ ALSO: Five Things Learnt From FG’s Statement Lifting Twitter Ban

One of the issues at the forefront of his Twitter ownership is to enhance freedom of expression. What constitutes free speech to Musk is still not fully known. Whether that free speech includes allowing some of the ealier suspended Twitter users such as Donald Trump to come back is yet to be ascertained.

NO MORE CRYPTO SPAM BOTS?

Over the years, Musk considered spam bot problems with the help of Twitter search keywords the most annoying things.

These bots have emptied many crypto wallets, leaving many owners with nothing. As a huge investor in the crypto business, Musk will of course seek to find a sustainable solution to this problem posed by Twitter.

USERS TO NOW PAY FOR TWITTER?

Tesla’s CEO, Musk, may — or he may not — also introduce payment for using the platform’s services. Beyond the great ideas of free speech, profit is at the centre of every business person’s interest. Under the leadership of Elon Musk, you can’t rule out this possibility.

FINALLY, TIME TO SEE THE ‘EDIT’ BUTTON?

Elon Musk has already tested the idea of the ‘edit’ button with users and in the quick survey last month, comments were positive. When he becomes the owner of Twitter, consider this one of his first decisions for the platform.

Published 25th Apr, 2022

By Basit Jamiu

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