Elon Musk Closes Deal to Takeover Twitter, Fires Company’s Top Executives

Billionaire Elon Musk is now the owner of Twitter and is cleaning house. The Washington Post reported Musk’s $44 billion deal with the company closed on Thursday. Three people familiar with the matter told the Post Musk…

Savannah RychcikOct 28, 20222 min read

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Musk is expected to hold a companywide town hall Friday.

He issued a message to advertisers to share why he acquired Twitter in the first place.

“The reason I acquired Twitter is because it is important to 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,” Musk said.

He continued, “There is currently 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.”

Concluding his message, Musk acknowledged Twitter “cannot become a free-for-all hellscape, where anything can be said with no consequences!”

Musk continued, “In addition to adhering to the laws of the land, our platform must be warm and welcoming to all, where you can choose your desired experience according to your preferences, just as you can choose, for example, to see movies or play video games ranging from all ages to mature.”