Elon Musk’s purchase of Twitter is happening.
Banks have started moving billions in cash backing Musk’s takeover of the far-left social media giant.
On Monday, Elon Musk reportedly spoke with the banks assisting in his acquisition of Twitter via a conference call, telling them he planned to close the deal by Friday.
On Tuesday, in response to the news that Musk was planning to cut 75% of its workforce, Twitter employee’s made a list of demands for their new boss.
Elon Musk entered Twitter headquarters on Wednesday carrying a sink.
On Thursday morning Elon Musk posted a tweet addressed to advertisers that explaining why he purchased Twitter and his plans for the platform.
Elon opened today’s tweet with this:
There has been much speculation about why I bought Twitter and what I think about advertising. Most of it has been wrong.
The reason I acquired Twitter is because it is important for 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. There is currently a great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society…
That is why I bought Twitter. I didn’t do it to make more money. I did it to try to help humanity, whom I love. And I do so with humility, recognizing that failuer in pursuing this goal, despite our best efforts, is a very real possibility.
Read Elon’s entire statement below.
