For the tycoon, the decision to buy the social network "is extremely important for the future of civilization"
Musk has promised to promote "free speech" and make substantial changes to the platform.
MADRID, 28 (EUROPA PRESS)
The CEO of Tesla and SpaceX, Elon Musk, has completed this Thursday the purchase of the social network Twitter for a value of 44,000 million dollars (a similar figure in euros) and has carried out the dismissal of its main managers.
In this way, the company's shareholders will receive 54.20 dollars for each share and Twitter will become the property of the tycoon, who has already announced his plans to change the content moderation policies of the social network committed to "greater freedom of expression", according to the CNN network.
Musk has repeatedly expressed disagreement with the social network's practice of permanently banning users who repeatedly violate its policies from accessing it, raising the possibility that users, such as the former president of United States Donald Trump, return to the platform.
Likewise, the richest person in the world assured during an interview in a TED2022 talk that the purchase of Twitter does not see it as "a way to make money." "My strong intuitive sense is that having a public platform that is highly trusted and broadly inclusive is extremely important for the future of civilization," she said.
The closing of the purchase puts an end to months of swings by the social network and the billionaire for the acquisition of the company, since despite agreeing on an initial offer, Musk announced months later that he was withdrawing from the acquisition alleging that Twitter executives had not agreed to their requests.
Specifically, the CEO of Tesla asked Twitter for the exact number of false accounts on the platform, as well as how the company had to audit said accounts and eliminate them.
For this reason, and after demonstrating for months his exasperation with the way in which the social network was managed, the tycoon has dismissed the executive director of Twitter, Parag Agrawal, as well as the financial director, Ned Segal and the head of policies Vijaya Gadde , has collected CNN.
The decision comes just one day after Musk announced to employees on the workforce that he was backing away from laying off 75 percent of workers, as he had originally intended.
However, the purchase of Twitter by the billionaire could affect the functioning of the platform, which encompasses much of the political system and the media around the world.
Among other things, Twitter could stop moderating some of its content, potentially undoing years of work by the company to tackle misinformation and harassment and create "healthier" conversations on the platform.
