Elon Musk now owns networking platform Twitter, after finalizing a deal to buy the giant for $44 billion on Thursday, October 27, 2022.
Tesla/SpaceX CEO Elon, 51, announced his ownership on Twitter in an official statement on Oct. 27.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
— Elon Musk (@elonmusk) October 27, 2022
In a joint statement, Elon explained his reasons for buying the giant, saying, “There is a huge risk that social media will split into far-right and far-left echo chambers that will further fuel hatred and division in our society. will give birth.”
He continues, “In the relentless pursuit of clicks, most traditional media have fueled and catered to these polarized extremes, because they believe that’s what makes money, but, in doing so, the conversation The opportunity is lost.”
He added, “That’s why I bought Twitter. I didn’t do it because it would be easy. I didn’t do it to make more money. I did it to help humanity, which I Love. And I do. So humbly admitting that, despite our best efforts, failure to achieve that goal is a very real possibility.”
Elon’s Twitter bio, which reads “Chief Tweet,” also reflects on his new purchase, with a video recently circulating showing him walking around the headquarters with the box.
