Elon Musk's acquisition of Twitter is a reality. On Monday, Twitter and Elon Musk announced the purchase, at a value of $54,20 per share, after the negotiations of the weekend. The total of the operation exceeds 44 billion dollars and follows a weekend of intense talks between Twitter and Musk, after an initial "attack" to buy the company last week.
On March 27 last I had caught some interesting signs, translated into a prediction: Musk is about to make his own social network. He would certainly have cost less, at least in terms of infrastructure. Probably, however, the tycoon will have taken into account many parameters (the already acquired notoriety of the social network, among others) that at the moment escape me.
The good intentions for the "new" Twitter
And so Elon Musk enters the social world "with a straight leg". “Freedom of speech is the foundation of a functioning democracy,” it reads in his statement, “and Twitter is the digital square where vital issues for the future are debated.”
“I want to make Twitter better than ever with new features. Twitter has enormous potential – I look forward to working with the company and the user community to unlock it.”
Among the moves that we could see first, the open source diffusion of algorithms, the relentless fight against bots and new solutions to authenticate users.
And now?
We'll hear a lot more from Twitter itself on Thursday, when the company is expected to report details of the deal. Curiously, in less than a month (May 25) there will also be the annual meeting of the social network and will probably mark the beginning of the change.
In any case, it will not be an instantaneous operation: between the various paperwork and other steps we will arrive at the end of 2022. I am sure that the first visible changes, however, will be much faster.
I'm curious how Twitter will transform following the "Musk thought", and sure we will see some good ones. The little bird is about to take a new flight.
