Musk bought Twitter to “benefit humanity,” not “making more money.”
- Musk bought Twitter to “benefit humanity.”
- The billionaire tweeted that it was “essential for the future of humanity to have a single digital town square” to buy the social media platform.
- He said most of the conjecture about his acquisition of the US internet company was “false” and that he feared social media splintering into “far right-wing and extreme left-wing echo chambers”.
- “In the continuous search of clicks, much of conventional media has fanned and catered to those polarised extremes, as they feel this brings in money, but, in doing so, the chance for debate is lost,” he said.
- I acquired Twitter because it wasn’t easy or profitable but to aid humanity, whom I love. I do so with humility, knowing that despite our greatest efforts, we may fail to achieve this aim.”
- The electric vehicle and space travel entrepreneur has pledged $46.5bn (£40.15bn) in stock and debt funding to buy Twitter for $44bn (£37.96bn) and closing costs.