.ElonMusk’s Twitter purchase will not only mean big changes in the way the social media giant conducts business, but it will also affect users of the platform. Here's the breakdown:
Elon Musk’s $44 billion Twitter purchase will not only mean big changes in the way the social media giant conducts business, but it will also affect users of the platform.
Darrick Mix, partner and head of the capital markets practice at Duane Morris, told the Washington Examiner that the agreement between Musk and the board appears to be a pretty standard and straightforward merger agreement. The fact that Musk wants to take the company private is telling about the coming course shift that is in store for Twitter.
Musk believes that Twitter currently has too heavy a hand in moderating who is tweeting and what people are tweeting about. While details about what the new platform’s speech policies will look like are likely months away, Musk has hinted at his vision for how users on the platform will be able to interact.
And while Twitter will likely hemorrhage millions of users as a result of Musk’s identity verification push, Weinstein said he also expects other users who have had their accounts suspended by the platform to be reinstated.
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