Today we all know about Twitter. It is a social media site where it allows you to share your views with the n number of audiences and there is written content is a king. Who is there in today’s era who does not use Twitter, whether it is a celebrity or a businessman like Bill Gates, Warren Buffet, Jeff Bezos, Mukesh Ambani, Gautam Adani, Elon Musk, Mark Zuckerberg and many more even also political party to a charity run forms, are using Twitter today? Do you know why? Because they want to attract you with their Idea and thoughts. If we talk about the countries with the most Twitter users in this rank, the United States is in the first place, Japan at the second place and India is in the third place. And if we see that this platform value according to the Mars 2021 is $46.8 billion. And Twitter year on year revenue growth as of September 2020 was 13.66% is. Elon Musk is the richest person in the world.

And according to the October 2021 the Mask’s Tesla an E.V. manufacturing company was valued at nearly $800 billion & his space X company was valued at nearly $100 billion. On April 25, Twitter’s board of directors accepted Elon Musk’s offer to buy Twitter for $44 billion and after that it become a private own company. So the question is why did Elon Musk buy Twitter?

The first reason is maybe, that freedom of speech, Twitter definitely says that it wants to promote safe inclusive, authentic conversation but at times, we can see a different bias on Twitter; many time hate filled narratives become popular. Once Twitter CEO Jack Dorsey say’s “I fully animated our bias is more left leaning”. For example, the Twitter account of former US President Donald Trump was permanently banned. Look it doesn’t matter if you are agree with Donald Trump or not. But banning US  President from Twitter  is a bola move, it is against the concept of freedom of speech. Elon Musk believe that they should be limit on freedom of speech but Twitter will not decide that, that should be decided by the country where Twitter operates.

And may be the second reason is that one of alone must company name Tesla because Tesla never spend a penny on advertising, now Tesla is all about Elon Musk and if the must get band on Twitter so it may be impact badly on Tesla income and sales. Why alone must get band on Twitter? Because in the past time we see that Elon Musk one tweet can up and down the cryptocurrency price. With the one tweet he announce that Tesla can be purchase with Bitcoin due to which the price of Bitcoin went to the highest ever. And then to say that Bitcoin is not good for environment which causes Bitcoin price crash. Now we can say Musk is word biggest financial influencer and he does not want this power to go out from his hand.

Written by

Yash Jauhari