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.
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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.
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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.
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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
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