Why Does Elon Musk Want To Buy Twitter? All you need to know about why the world’s richest man want to buy the microblogging platform.
The outspoken entrepreneur has established a myriad of companies over the last 30 years, which include Tesla (TSLA), SpaceX, The Boring Company (which released a flamethrower, which was dubbed Not a Flamethrower, in the year 2018), and Neuralink.
It’s the highest-value automaker in the world, right at the top of the electric car race and in a position to purchase an automaker from the past.
Every company he runs is known for innovation, and he’s also often a guest on digital media such as Joe Rogan’s podcast and Marques Brownlee’s MKBHD YouTube channel.
He is always the subject of headlines, and none more so than when he moved from California to Texas. This is the story of how he achieved one of the largest fortunes of his life.
Why Does Elon Musk Want To Buy Twitter?
According to Elon Musk on why buying Twitter, he sees the acquisition as nothing less than a turning point for civilization.
Musk said the proposed deal is not about the economics of Twitter’s (TWTR) business, as he’s not buying the microblogging platform to make money, but about ensuring Twitter remains a trusted platform for democracy, describing his vision in characteristically sweeping terms.
He said this on Thursday, April 14, 2022, during an on-stage interview at the TED conference.
“This is not a way to make money,” Musk told TED chief Chris Anderson. “My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization.”