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08 Feb, Wednesday
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Bull Trader USA

: Elon Musk’s Twitter purchase has mixed reaction online: ‘What could possibly go wrong?’

Elon Musk has already fired many of Twitter’s top executives and installed himself as CEO as he has officially completed his purchase of the social media giant this week.

Speculation about what Musk will do once he is in charge of Twitter has swirled for months with many users hopeful he will make meaningful changes, and others dismayed by the thought of Musk being in charge.

See also: Kanye West escorted out of Skechers office after he showed up unannounced, the company says

Musk’s Twitter takeover released a series of differing opinions, including those who love the move, many of whom like it for the future free speech, something Musk says is a big priority for him.

Others are not fond of the move, lamenting some of Musk’s ideas for Twitter that he has mentioned, including lack of content moderation as a “free speech absolutist.”

Many users are wondering if the Tesla
TSLA,
+1.57%

and SpaceX CEO will begin letting accounts who have been banned for violating the platform’s terms and conditions back on, like Kanye West or former President Donald Trump. Back in 2021, Trump’s personal account was down “due to the risk of further incitement of violence” in the wake of the Jan. 6 insurrection at the Capitol.

Trump has claimed he won’t return to Twitter even with Musk in charge, and he’ll continue to post on his platform, Truth Social.

See also: Trump’s Facebook ban may end as soon as January 2023, Meta executive says

“We’re doing a big platform right now, so I probably wouldn’t have any interest,” the former president said.

Other Twitter users were eager to see if Musk can help eliminate bots on the platform, something Musk mentioned numerous times in the period he was acquiring the company.

Many others users were unsure how to feel about the news, and offered some jokes instead of opinions.

As previously stated, Musk reportedly fired Twitter CEO Parag Agrawal and is required to distribute over $200 million to now-ousted Twitter execs. Many Twitter users took to the platform to jokingly “announce” they have been appointed as CEO.

After closing his agreement to buy the social media platform, Musk says that while he wants to protect free speech, Twitter “obviously cannot become a free-for-all hellscape.

With Musk’s takeover, Twitter’s stock has been suspended on the New York Stock Exchange as it will be officially delisted in November.

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