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Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessElon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers (17227 Views)

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Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Fira09(op): 6:03pm On Oct 27, 2022
With his deal to purchase Twitter for $44 billion set to close on Thursday, October 27, the world's richest man, Elon Musk has appealed to advertisers saying that he is buying Twitter because it is a cornerstone of civilization and that it would help humanity.

Musk's appeal comes amid claims that he will turn the company into a cesspool of free-for-all commentary, and that many people with extremist views may have freedom to post when he becomes the owner, a move that will put off advertisers .

Posting on his Twitter handle on Thursday October 27, Musk promised that Twitter will not be free for all after he acquires it.

''Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences! In addition to adhering to the laws of the land, our platform must be warm and welcoming to all," he tweeted via a note. "Twitter aspires to be the most respected advertising platform in the world that strengthens your brand and grows your enterprise. To everyone who has partnered with us, I thank you. Let us build something extraordinary together."

In his note, Musk comes across as a more serious owner of Twitter compared to his joke earlier in the day when he tweeted the video of him entering the Twitter HQ with a toilet sink. He captioned his tweet, let that sink in!

Around the same time, Musk also changed his Twitter bio to "Chief Twit."

Revealing why he is buying Twitter, Musk wrote, "The reason I acquired Twitter is because it is important to 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.".

"That is why I bought Twitter. I didn't do it because it would be easy. 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 failure in pursuing this goal, despite our best efforts, is a very real possibility." he added

Musk launched his bid in April this year to buy Twitter for around $44 billion. However, he soon backtracked, saying that he was no longer interested in buying Twitter because according to him the company inflated its number of actual and active users.

Twitter denied the allegations and filed a court case against Musk. Later Musk told the court that he would complete the deal and the court asked him to do it by October 28.
SOURCE

Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by God1000(m):
Okay, we've heard him, I don't use Twitter sha.

But he shouldn't just allow Donald trump and MAGA republicans to use his platform in spreading wild conspiracy theories and disinformation again.

Mr trump is a dangerous demagogue, he fans the flames of violence and hatred.
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by ValCon888: 7:29pm On Oct 27, 2022
The closest thing to Iron Man in real life. Elon Musk continues to break boundaries.

Whether for good or for bad Twitter won't remain the same again under this man's watch.

The level of vawulence will surely increase.
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Ekakamba: 7:42pm On Oct 27, 2022
cool
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by SouthSouth1914: 7:43pm On Oct 27, 2022
Diversionary.., soulless of not having ago, you said twitter is full of bots. Impressive how the courts have managed to our sense into Elon Musk and him buying twitter is the 9th wonder of the world!
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by GRACEGLORY:
Twitter, Shutting Trump down must have inspired Elon.

That’s like buying the mouthpiece. He just bought POWER, but had to make a fuse over it to stir the earth.

Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by socialmediaman: 7:43pm On Oct 27, 2022
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Demonicus: 7:43pm On Oct 27, 2022
Baba you have the money so you no need shalaye too much,
Do anything wey go give you joy. cheesy
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Nobody: 7:45pm On Oct 27, 2022
44 billion what? Vanity crew over to you
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by ATEAMS: 7:46pm On Oct 27, 2022
Issokay
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by MANNABBQGRILLS:
Elon and Twitter,

Hope they both get themselves together.....ASAP.
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Seankhalifa: 7:47pm On Oct 27, 2022
100 likes if u are a fan elon grin
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Ravenglass: 7:47pm On Oct 27, 2022
Let's roll Twitter!
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Fearyourcreator: 7:47pm On Oct 27, 2022
Lolzzz
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by money121(m): 7:48pm On Oct 27, 2022
Money man
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Fearyourcreator: 7:48pm On Oct 27, 2022
[quote author= post=117925297]Elon and Twitter,

Hope they both get their serves together.....ASAP.[/quote]Something he was forced to buy
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by InfinityFabric: 7:48pm On Oct 27, 2022
Also to collect data for his AI
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by dyera(m): 7:50pm On Oct 27, 2022
Just for the record, Elon musk did not use his personal money to buy Twitter.

Instead he borrowed money to buy it. Majority of his wealth exist in form of asset.

If he convert the asset to cash in order to pay for what he buy, he would have to pay tax for the amount.

To avoid paying tax, he simply left his wealth as asset and use the asset as collateral to obtain loan and pay for what he is buying.

This is normal practice among the super rich, this is how they avoid paying tax.
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Akfrenzy(m): 7:51pm On Oct 27, 2022
grin in Davido's voice


Omo this life 'get money ooo or u go suffer grin grin

Omo see Big man doings

Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by omoredia: 7:51pm On Oct 27, 2022
God1000:
Okay, we've heard him, I don't use Twitter sha.

But he shouldn't just allow Donald trump and some MAGA republicans to use his platform in spreading wild conspiracy theories and disinformation again.

Mr trump is a dangerous demagogue, he fans the flames of violence and hatred.
U are a clown. TRUMP is the real deal so keep ur broken butt plug back in ur as*
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Agbegbaorogboye: 7:53pm On Oct 27, 2022
Oh ye zombies
Where is Twitter office in Nigeria
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Landowner101(m): 7:55pm On Oct 27, 2022
Elon musk is the only man with 7 brains grin grin
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Creditalerts: 7:56pm On Oct 27, 2022
Come and buy nigeria we are suffering here in old recycling polithiefcians style of leadership cry cry cry



Bag of rice 50k cry

God will reward your evil ways

Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by jimetagambo: 7:56pm On Oct 27, 2022
Fira09:
Twitter aspires to be the most respected advertising platform in the world that strengthens your brand and grows your enterprise. To everyone who has partnered with us, I thank you. Let us build something extraordinary together."
He is going to monetize that platform sotey that we will be overwhelmed with adverts with every scrolls grin

God1000:
Okay, we've heard him, I don't use Twitter sha.

But he shouldn't just allow Donald trump and some MAGA republicans to use his platform in spreading wild conspiracy theories and disinformation again.

Mr trump is a dangerous demagogue, he fans the flames of violence and hatred.
Trump is not coming back to twitter according to Trump. He is now going to be a competitor with Musk. i.e. Truth Social vs Twitter.

Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by akanbiaa(m): 7:59pm On Oct 27, 2022
Ok
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by iiifedimma(f): 7:59pm On Oct 27, 2022
Okay
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Lucasinho(m): 8:01pm On Oct 27, 2022
shocked
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by trueking: 8:04pm On Oct 27, 2022
This forum should also be well regulated, the hate people spew here is too much, someone opened a thread that this forum is toxic and can make you hate people and become tribalistic if you spend too much time on it, the thread was taken down.
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by UpdatedArmy: 8:04pm On Oct 27, 2022
Nairaland is 9ja twitter
who go buy nairaland ?
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by jericco1(m): 8:05pm On Oct 27, 2022
Werey
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by jimetagambo: 8:05pm On Oct 27, 2022
trueking:
This forum should also be well regulated, the hate people spew here is too much, someone opened a thread that this forum is toxic and can make you hate people and become tribalistic if you spend too much time on it, the thread was taken down.
grin grin grin
Re: Elon Musk Explains Why He Is Buying Twitter As He Appeals To Advertisers by Sucre6: 8:12pm On Oct 27, 2022
GRACEGLORY:
Tweeter, Shutting Trump down must have inspired Elon.

That’s like buying the mouthpiece. He just bought POWER, but had to make a fuse over it to stir the earth.
Yet u have not created a single thread to promote your business, referring to your signature. Tag me when u do
1 2 Reply

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