Why Did Elon Musk Buy Twitter?

Learn everything about the deal here!

If one of the richest man on the globe purchases a social media platform, what do you think might be the motive? Are you one of us, wondering ‘Why did Elon Musk buy Twitter?’ Who owned Twitter before him? Elon Musk has always been in the limelight because of his witty tweets. But why did the Tesla owner buy Twitter? Instead of investing or donating money, he chose to buy Twitter?

Let’s find Elon Musk’s main motive to purchase Twitter in this guide:

Elon Musk’s Main Motive To Acquire Twitter

Elon Musk Twitter

Musk has stated that one of the reasons he wanted to buy Twitter is that the adjustments that need to be made to the platform can only be accomplished if it is a private corporation, in his opinion.

Musk has justified his Twitter pursuit as important to protect “free expression.” He has previously criticized Twitter, claiming that the platform stifles free speech and participates in “censorship,” though he has not stated what he wants to change.

He has hinted in recent weeks that he will relax Twitter’s content moderation measures and scale back attempts to purge the site of bad actors who break the service’s rules. Musk has also stated that he does not want anyone to leave Twitter because of his ownership.

Here are some of the changes that Elon Musk Would Want To Bring To Twitter

  • He’s requested the addition of an edit button, which Twitter claims is in the works.
  • Twitter Blue subscribers to be able to pay with his preferred cryptocurrency, dogecoin.
  • Elon believes Twitter should open-source its algorithm, which determines which postings are visible to which users, to “boost trust” in the platform.
  • He claims that Twitter should “or perish trying” to eliminate the spam bots that plague its site, and that it would “authenticate all actual humans” with some sort of verification badge.

Conclusion

We hope your inquisitiveness to know about ‘why did Elon Musk buy Twitter?’ is put to rest!

If there is a change in the Twitter algorithm, then you will also see a change in the process of getting verified. Let’s wait patiently and await these positive evolutions.

Also, the Tesla owner says that he might lift up Trump’s permanent ban from Twitter. With this he also says that the permanent ban on accounts should be rare. It should be applicable only for scams and bots.