Elon Musk has reached a deal to buy Twitter.
My prediction is that he's going to run Twitter into the ground, as Rupert Murdoch did with Myspace, because he has no clue as to what he is doing, and thinks that he is brilliant.
Before this is over, I expect Donald Trump back on Twitter:
Elon Musk acquired Twitter for $44 billion on Monday, the company announced, giving the world’s richest person command of a highly influential social media site that serves as a platform for political leaders, a sounding board for experts across industries and an information hub for millions of everyday users.
The acquisition followed weeks of evangelizing on the necessity of “free speech,” as the Tesla CEO seized on Twitter’s role as the “de facto town square” and took umbrage with content moderation efforts he views as an escalation toward censorship. He said he sees Twitter as essential to the functioning of democracy and said the economics are not a concern.
Ownership of Twitter gives Musk power over hugely consequential societal and political issues, perhaps most significantly the ban on former president Donald Trump that the site enacted in response to the Jan. 6 Capitol riot.
Twitter is currently a cesspool, and with Elon in charge, it will get even worse.
One interesting thing is that the opprobrium being directed his way right now is so intense that even the Musk stans can't shout them down.
I think that the Apartheid Emerald Mine Heir's public image is at or approaching an inflection point, much like Adam Neumann, Jeff Bezos, Bill Gates, Bobby Kotick, Andrew Cuomo, and Blockchain.
It will be interesting to see the bloom come off that rose.
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