(ORDO NEWS) — Eccentric entrepreneur and billionaire Elon Musk is back in the spotlight. In an interview on Twitter Spaces, he stated that he did not buy Twitter voluntarily, but out of fear that he would be forced into it. But how did it happen?
Last April, Musk officially offered to buy Twitter for $44 billion. He subsequently put the deal on hold, citing an inflated number of users and bots on the platform.
Twitter management did not agree with this turn of events and filed a lawsuit against Musk, demanding that the deal be completed.
Despite wanting to cancel the deal, Elon Musk was forced to buy Twitter to avoid a full-blown deal. The judge gave Musk three weeks to close the deal, which was enough for him.
Now Musk is the head of the company and can freely manage it. Some experts believe that this may lead to changes in the platform and improve its functionality.
However, many are wondering: why did Musk buy Twitter if he was against it?
Perhaps he decided to transform the platform and make it more perfect.
Or maybe it was just a tactic to avoid complicated lawsuits. In any case, we can only wait to see what changes will happen on Twitter under Musk’s leadership.
After Musk became the head of Twitter, the company began the process of reforming and changing its strategy.
Musk said he intends to make Twitter more transparent and efficient, and better protect users from inappropriate content and bots.
This could prove to be an important step for a platform that has long been plagued with fake news and poor security for its users.
Plus, buying Twitter could have additional benefits for Elon Musk.
According to CNBC, his company SpaceX can use the platform to spread news about space launches and other projects. It is also possible that Musk uses Twitter as a platform to draw attention to his ideas and projects.
All in all, the purchase of Twitter by Elon Musk could lead to big changes on the platform, as well as become an additional tool for promoting his business projects.
How this will affect public opinion about him and his companies remains a mystery.
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