Elon Musk is now the owner of Twitter. What will change?

  • Elon Musk’s dream came true – he bought Twitter for $44 billion
  • Now it is the first social network owned by a private individual.
  • Musk has big plans for her

The richest man in the world bought Twitter. Elon Musk reached an agreement with the board of directors, only the formalities remained – to obtain the approval of shareholders and pay them $ 44 billion. The crypto community is already congratulating the head of Tesla and even offering a new logo for the social network:

What will change

There was a lot of controversy and criticism around this deal. Musk has said that his motive is to give people more freedom. After all, Twitter isdigital town squarewhere everyone can come and discuss important topics.

“I hope even my worst critics stay here. After all, that is freedom of speech.”

But many people don’t share that optimism. So, the creator Vitalik Buterin sees a bad example for business. After all, if social networks start buying large companies or states, they will gain great control over the minds of subscribers and freedom of speech.

Some fear that Musk’s purchase of the platform will spark a wave of corporate layoffs. Twitter serves as a quick platform for many politicians and influencers, and this can make a huge difference.

The crypto community is also waiting for big changes. After all, Musk promises to fight bot farms, spam and fraudulent advertising.

“We will defeat the bot army or die in this fight”

Twitter shares have already gained more than 30% in a month and are likely to continue to rise. This will be a huge change for a platform that will shake up the worlds of politics, economics and technology.


Author of articles on trading and investments, which I have been doing for more than 8 years. Even from your phone, you can open a deal, buy shares, build up capital in assets that will bring dividends even when you stop working. You can't just not think about it.

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