Elon Musk, a self-described “free-speech absolutist,” said that Twitter is the “de facto town square,” and that “it’s very important for there to be an inclusive arena for free speech.” Here's what else he has planned.
Mr. Musk said in a regulatory filing he wants to take Twitter private.
Taking Twitter off the public stock exchange would likely make it easier for Mr. Musk to implement his desired changes to the company, since much of the shareholder pressure would dissolve. However, Mr. Musk also said in the TED interview that he would want to retain as many shareholders as possible if he succeeds in taking the company private.In the TED interview, Mr.
. Twitter Blue currently adds premium features like “undo tweet” for a monthly fee of $2.99. Mr. Musk suggested the subscription include removing all ads.and shutting down the company’s San Francisco headquarters. Such cuts could be needed if the company were to move away from advertising, which in the fourth quarter of 2021 accounted for about 90% of its revenue.Mr. Musk said a top priority for him would be eliminating “bot armies” on Twitter, which spam accounts and run scams.
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