Elon Musk says move to buy Twitter is about 'helping humanity'

Elon Musk has stated he's shopping for Twitter to “assist humanity” and create a “frequent digital city sq.” in a message forward of the anticipated completion of his takeover of the positioning on Friday.

In a press release uploaded to Twitter aimed on the platform’s advertisers, Mr Musk stated he was buying the platform as a result of he believed it was vital to have an area the place “a variety of beliefs might be debated in a wholesome method”.

He stated there was at the moment a “nice hazard” that social media will “splinter into far proper wing and much left wing echo chambers that generate extra hate and divide our society”.

Mr Musk’s protracted 44 billion greenback (£37.9 billion) takeover of Twitter is predicted to be accomplished within the US on Friday.

The acquisition has raised considerations in some quarters over Mr Musk’s help of “absolute free speech”, which might see the Tesla boss enable controversial and beforehand suspended accounts, together with that of former US president Donald Trump, again onto the platform.

However in his message, Mr Musk gave the impression to be making an attempt to calm any fears amongst advertisers in regards to the platform changing into extra controversial and decreasing its content material moderation controls to guard free speech.

Elon Musk has issued a warning about a 'great danger' facing social media.
Elon Musk has issued a warning a couple of 'nice hazard' going through social media.
Mike Blake

“Twitter clearly can not grow to be a free-for-all hellscape, the place something might be stated with no penalties,” he stated.

“Along with adhering to the legal guidelines of the land, our platform should be heat and welcoming to all, the place you'll be able to select your required expertise in accordance with your preferences, simply as you'll be able to select, for instance, to see motion pictures or play video video games starting from all ages to mature.”

In an extra signal that Mr Musk’s takeover of the platform was nearing, the New York Inventory Alternate’s web site stated that Twitter shares might be suspended from buying and selling on Friday.

On Wednesday, the billionaire SpaceX and Tesla boss posted a weird video of himself coming into Twitter’s San Francisco headquarters carrying a sink alongside the message “Getting into Twitter HQ – let that sink in”.

He has additionally up to date his bio on the social media platform to “Chief Twit”.

In keeping with experiences, Mr Musk informed workers throughout his go to that it was not true that he was planning on slicing as much as 75% of Twitter workers after buying the corporate.

It had beforehand been reported that Mr Musk had informed buyers he deliberate to chop again round three-quarters of the agency’s 7,500 workers.

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