Post
Topic
Board Economics
Re: Elon Musk makes offer to buy Twitter
by
Kimonoe
on 27/04/2022, 14:50:01 UTC
Hello
Great topic, I also heard a lot about this information. Mask has already bought Twitter?
Yeap, its official.
https://www.gsmarena.com/its_official_elon_musk_just_bought_twitter_for_44_billion-news-54074.php

Dont know on what would be his plans but as reading out this is talking about
wanting Twitter to adhere more closely to the principles of free speech,
Snipped on here.

Elon is a businessman, and the reason why he purchased Twitter is to make even more profit out of it. If you compare Twitter with other social media platforms such as Facebook, you can notice that the market cap and net profits are only a tiny fraction of what is expected. Hopefully Elon will be able to monetize various avenues in Twitter and generate more profit. And who knows, he maybe able to expand the user base and make the platform even larger than it's competitors. And more importantly, he will be able to make Twitter a politically neutral platform.
It'll be interesting to see what happens. One of the world's most influential platforms is run by the world's richest man. How should he proceed? Despite the lies spewed about them, billionaires only care about making more money. To think he would make so much money is hard to believe. I believe he has a plan as a businessman. There had been a report that he is planning on charging Twitter account holders. Let's see what Elon comes up with. Change is needed! However, there is also the opposite opinion. There will be a MASS exodus, and this will turn out to be a disastrous investment for him.
I don't know what Elon's next plan is by buying Twitter, he even bought it with cash, for 630 trillion, not a small amount of money for a platform, of course he saw the benefits after that. what he will do may be as hard to predict as he dives into a meme coin, doge. and then out of the market with a lot of profit. I think this time surely there will be a big plan from him