On Thursday, Elon Musk officially took over the social media platform Twitter. The Tesla CEO has made an immediate impact as his first acts included firing three of the highest-ranking employees in the company.
Musk has reportedly ousted CEO Parag Agrawal, CFO Ned Segal, and Chief Legal Counsel Vijaya Gadde. These three all had clashes with their now boss many months ago, around when Musk pledged to purchase the app.
This 44 billion dollar endeavor has forced many to question Musk’s intentions with the company. Detractors believe this is either a way for the CEO to make more money or a platform he will abuse to release damaging unfiltered free speech.
the bird is freed
— Elon Musk (@elonmusk) October 28, 2022
Musk seemingly intends to dispel these worries as he has released many statements to the contrary.
“This is not a way to make money,” Musk said when he first offered to purchase Twitter. “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.”
The new “Chief Twit” as he calls himself tweeted a similar reassuring message Thursday, “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence.”
A serious discussion has been going on for months as been whether Elon will allow Former President Donald Trump back onto the platform, and in a recent report from Bloomberg, it seems likely.
BREAKING: Elon Musk will take Twitter CEO Role and will reportedly reverse Lifetime Suspensions
— Benny Johnson (@bennyjohnson) October 28, 2022
After the events at the Capitol on January 6th, 2021, Donald Trump was permanently banned from Twitter in an unprecedented move as one of the most vocal and followed figures in the world, no longer had an account on the platform.
It is noteworthy that in the last three weeks as this purchase entered fruition Twitter’s stock has jumped over ten percent from $42.54 to $53.70.
Musk has shown he is looking to shake up the “Twitterverse” and the world is watching.
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