On October 27, 2022 Elon Musk, the worlds wealthiest person, finally buys-out the social media platform Twitter, a takeover that began April 25, 2022. “Let that sink in” he tweeted the day before. [1, 2, 3, 4, 5]
Twitter is now privately owned and was delisted from the New York Stock Exchange beginning Friday Oct. 28, 2022. [6] Twitter has been a public company since November 2013, seven years after it’s July 15, 2006 inception. [12, 13]
Musk, now as “Chief Twit“, immediately fired three top executives CEO Parag Agrawal, CFO Ned Segal and Legal affairs and policy chief Vijaya Segal. [7, 8] Musk sent in his Tesla digital engineers to halt any potential “proprietary code” changes ahead of the purchase.
Musk’s objective is to use the platform as a “common digital town square” and use it as a place for him to build the X app, the “everything app”. His goal for Twitter is “to be the most respected advertising platform in the world”.
The Left are not happy – they’re likely concerned that censorship and free speech can no longer be controlled, especially ahead of mid-term elections. Musk is intending to return suspended accounts to the platform, helping equitable dialogue, without censorship bias such as algorithm interference [14, 15], restriction of followers, Twitter jail and account suspension, or bot comments! [9, 10, 11] Musk tweeted he will form a “content moderation council”.