Elon Musk Completes Twitter Takeover

Elon Musk Completes Twitter Takeover
Photo: newsweek

The Facts

  • On Thursday, Elon Musk formally completed his $44B acquisition of Twitter, ahead of a deadline of 5 pm ET on Friday to complete the deal or be forced to go to trial in November.

  • While Twitter declined to comment, Musk acknowledged the takeover in a tweet, saying, "the bird is freed."

The Spin

Right narrative

Musk's acquisition is a real opportunity for Twitter to become free of biased censorship. With the billionaire entrepreneur at the helm, he can retain the general code of conduct to fight deceitful foreign influences while also allowing the marketplace of ideas to flourish, freeing it from nefarious "fact checkers."

Left narrative

While billionaires like Elon Musk may have the money to buy and influence social media platforms, they don't possess the character to manage them properly. Musk's Twitter history reveals an erratic personality with the potential to vastly alter the market with a single tweet simply to advance his own interest. With Twitter set to have no barriers to what can or cannot be said, the app is looking like a disaster waiting to happen.

Nerd narrative

There's a 4% chance that Elon Musk will hold a major political office in the United States before February 2033, according to the Metaculus prediction community.

Public figures in this story

Political split



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