1 year ago
36
Elon Musk Going Through With $44 Billion Twitter Deal
There's a crushed Elon Musk wanted to bargain Twitter—but it takes a batch much than 240 characters to explain.
The Tesla CEO explained his motives for purchasing the societal media platform—an acquisition helium agreed to successful a $44 cardinal deal backmost successful April.
"The crushed I acquired Twitter is due to the fact that it is important to the aboriginal of civilization to person a communal integer municipality square, wherever a wide scope of beliefs tin beryllium debated successful a steadfast manner, without resorting to violence," Elon wrote successful an Oct. 27 tweet. "I did it to effort to assistance humanity, whom I love."
Giving penetration connected his planned approach, the 51-year-old noted that the level cannot go a "free-for-all hellscape, wherever thing tin beryllium said without consequences."
After all, successful his opinion, a governmental disagreement whitethorn occur, which helium believes volition interaction advertisers.
"In the relentless pursuit of clicks, overmuch of accepted media has fueled and catered to those polarized extremes arsenic they judge that is what brings successful money," helium tweeted. "In doing so, the accidental for dialog is lost."
Oct. 28 marks Elon's deadline to officially adjacent the deal aft attempting to backmost retired of it successful July, which caused Twitter to record a suit against him. If helium doesn't spell done with the purchase, tribunal dates for his proceedings against Twitter volition beryllium scheduled.
Kevin Mazur/MG22/Getty Images
While the SpaceX founder's missive outlined his vision, helium besides spoke retired astir reports that advertisers are acrophobic with his plans to negociate contented connected Twitter.
"There has been overmuch speculation astir wherefore I bought Twitter and what I deliberation astir advertising. Most of it has been wrong," Elon wrote. "I besides precise overmuch judge that advertising, erstwhile done close tin delight, entertain and pass you."
He added, "For this to beryllium true, it is indispensable to amusement Twitter users advertizing that is arsenic applicable arsenic imaginable to their needs. Low relevancy ads are spam, but highly applicable ads are really content!"
For the latest breaking quality updates, click present to download the E! News App
