Elon Musk’s purchase of Twitter is happening.
Banks have started moving billions in cash backing Musk’s takeover of the far left social media giant.
JUST IN 🚨 Banks have started to send $13 billion in cash backing Elon Musk’s takeover of Twitter, according to people familiar with the matter, WSJ reported
— Insider Paper (@TheInsiderPaper) October 26, 2022
Elon Musk entered Twitter headquarters on Wednesday carrying a sink.
He is expected to take control of the social media giant by Friday.
On Thursday morning Elon Musk explained why he purchased Twitter and his plans for the platform.
Elon opened with this, in today’s tweet:
Elon Musk: There has been much speculation about why I bought Twitter and what I think about advertising. Most of it has been wrong.
The reason I acquired Twitter is because it is important for 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. There is currently a 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…
That is why I bought Twitter. I didn’t do it to make more money. I did it to try to help humanity, whom I love. And I do so with humility, recognizing that failuer in pursuing this goal, despite our best efforts, is a very real possibility.
Read Elon’s entire statement below.
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The left is going to lose it. They fear a level playing field.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
— Elon Musk (@elonmusk) October 27, 2022
