Reactions, And Worries, As Musk Twitter’s Takeover Is Finalized
Elon Musk’s $44 Billion takeover of Twitter was completed last week, with Musk officially becoming the owner and de-facto CEO of the influential social media platform. The drawn-out saga of the acquisition, which at times seemed like it would fall through, marks the beginning of a new chapter for a platform now run by one of its most prominent users. Musk’s ownership has raised new questions about content moderation, rules around speech, and other fundamental questions about what Twitter (and by proxy, social media) should even be. The takeover, with Musk being a self-proclaimed advocate for “free speech,” has spurred a sharp increase in derogatory posts from trolls, according to the nonprofit Network Contagion Research Institute. While Musk sought to assuage the fears of advertisers by saying the platform would not become a “free-for-all hellscape,” some prominent corporate advertisers already appear to be wary of the change in discourse on the platform.
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