Skip to content

Elon Musk Finally Purchase Twitter for 44 billions dollars, let know the Reasons and changes in twitter

Elon Musk Finally Purchase Twitter for 44 billions dollars, let know the Reasons and changes in twitter

Elon Musk is the richest man in the world and his net worth is growing with immense speed. In the recent news there are many news about Elon musk wants to buy the twitter.

Elon also offers to twitter share holders to sell there shares at a higher price than the shares which are trading in stock market.

But Twitter’s Board apply poison pill strategy to stop Elon musk and it works but Elon musk held a meeting with the members of the twitter and finally decide.

Elon Musk the founder and CEO of Tesla company, Spacex And others finally bought twitter for 44 billion Dollars which twitter is going to be a private company from public company.

Twitter is less profitable platform but well settled but when we look on the history of Elon Musk, he only invest in early stage of a startup like Neuralink.

Also Read : – How IPL Earn Money

So here we can predict that Elon Musk thinks twitter has much more potential to grow and perform better.

Changes May Happens in Twitter by Elon Musk

1.Free Speech

Twitter tells that there has free speech any one can share their views and ideas but when we seen the recent action of Twitter like banning the former president of USA (United State Of America) permanently and banning many people for their speeches.

Elon Musk also Has fear about may be ban for impacting the financial market by a single tweet and recently by there single tweet Bitcoin is on the highest peak and after it by there next tweet crypto get extremely down.

So Elon musk promotes free speech in the twitter to everyone.

Elon Musk Finally Purchase Twitter for 44 billions dollars, let know the Reasons and changes in twitter

2. Remove Spam

Twitter has a lot spam, there are millions of fake accounts and people use these accounts to increase follower, spamming others and manipulating polls.

It may be possible that Elon Musk may put some tools to or human verification captcha to deleting unverified and spammers accounts.

Reason Behind Purchasing Twitter

Elon Musk near to reach 85 million followers and there is huge fans of him and he promotes there new Tesla Car new features and about his company absolutely free.

Twitter saves a huge amount of advertisement of Elon Musk, that’s why he is most active on twitter.

Also Read :Why Market falls During war time

Elon Musk can control and regulate the financial market, Elon musk is a biggest influencer of investors by his single tweet he can change the market and some time he tweet some fake news that is why he have fear to ban in twitter and it will cause him a big loss.

Leave a Reply

Your email address will not be published.

%d bloggers like this: