Disclaimer: It’s not officially a done deal yet, and there have been a lot of twists and turns in the process. But Twitter sent a preliminary proxy to the SEC on 5/17/22, indicating that the transaction will continue.
By The Right-Wing Teen
Congrats to Elon Musk! With his purchase of Twitter and his goal of turning it into an open and transparent social media platform, it’s the greatest achievement anyone has accomplished in recent history for the First Amendment and freedom of speech.
Elon Musk, the world’s richest person, is a breath of fresh air compared to all the evil tech billionaires. He is an active Twitter user, but he also has been highly critical of Twitter’s restrictions on speech, and so he decided to do something about it. The serial entrepreneur announced on April 4, 2022 that he owned 9.2% of Twitter stock and nine days later launched a $44 billion bid to acquire the microblogging platform.
Just hours after Musk’s offer was accepted by Twitter shareholders, the social media company locked its source code to prevent disgruntled employees from making retaliatory, unauthorized changes to the platform… and rightly so.
Leftists have been freaking out over Elon Musk promising to ease censorship and promote more free speech on Twitter. For years, the left-leaning platform acted as an arm of the Democrat party, controlling virtually the entire information flow for their own advantage. This became blatantly obvious during the last presidential election cycle.
Most freedom-loving Americans are fed up with Twitter’s bias, and I for one look forward to Musk reinstating banned accounts and removing Twitter’s biased algorithms. Here is his statement:
At the 2022 Met Gala in New York City (which he attended with his mom!), Elon Musk defended himself from critics who’ve suggested he could have spent the $44 billion on something for charity, philanthropy, or good with that money instead of investing in social media.
He told Entertainment Tonight, “Well, I do do a lot of things, uh, philanthropically. Really, my companies are intended to do good for the future of humanity, with Tesla trying to accelerate the advent of sustainable transport and energy. And SpaceX is providing internet to the least-served people around the world.”
In fact, speaking during an interview at TED 2022, the 50-year-old mega-billionaire said that his motivations for purchasing Twitter were not financial, but rather inspired by the need for an inclusive arena for free speech.
“My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization,” said Musk.
“I don’t care about the economics at all.”
Musk said that he wants Twitter to realize its “potential to be the platform for free speech around the globe.”
“It is important,” he said, “that people have both the reality and perception that they are able to speak freely in the bounds of the law.”
Just think – Twitter is now a private entity totally under the control of a free speech advocate!
Hey Elon, can you buy Facebook next?