Elon Musk changed his mind about Twitter again, declaring earlier this week he wants to buy the "bird app" for a cool $44 billion (his original offer price).
Let's rehash the full saga...
Jan-Feb: Musk buys 5% of Twitter. Mar: Musk trashes Twitter for censoring speech and contemplates joining Twitter's board, taking Twitter private, or building an alternative. Apr: Musk becomes the largest shareholder, is offered a board seat, declines the offer, and makes a full buyout bid. The board says "no," then changes its mind and says "yes." May-Jul: Musk changes his mind about the purchase, claiming 20% of Twitter is bots.
Fast forward to this Tuesday. Musk changes his mind once more and offers to finalize the buy. Pending resolution of a few lawsuits between Musk and Twitter, the deal will now almost certainly close. So what'll change at the social media giant afterwards?
It's unclear, but now-public text messages involving Musk suggest he'll...
- Fire Twitter's CEO, Parag Agrawal (unless he resigns).
- Reverse all Twitter bans, excluding bots, in the name of free speech (e.g., Trump).
- Lay off large swaths of Twitter employees to "reduce bloat."
- Release new payment features and a subscription product dubbed “X."
- Wage war on bots to eradicate them all.
Strange times. Even stranger? Elon's texts in general. Google at your own risk there.