In a shocking blockbuster move, Elon Musk, CEO and founder of electric car company Tesla, has bought social media giant Twitter for approximately $44 billion. With this purchase, this allows Musk to be squarely in the mix for massive online influence.
Politicians remain heavily split about the purchase, with many conservatives supporting the buying of the company, while liberals remain hesitant about Musk’s control. Republicans are optimistic of Musk, as they hope that Trump’s current ban on Twitter may be removed. Politicians such as Ted Cruz have shown heavy support especially, taking the world by storm by promoting free speech.
The move has already made an influence on Wall Street as Twitter’s shares jumped roughly 2.5% alone today. Tesla’s share price has slightly regressed amidst rumors of a shock split.
Regardless, Musk’s move is globally shocking, and will certainly have consequences-good or bad- that affect humanity.
Sources:
https://www.cnn.com/2022/04/25/tech/elon-musk-twitter-sale-agreement/index.html
Image Credits: Britta Pedersen | Getty Images
