We’re not immune to Elon Musk changing his mind (again), but for now, the billionaire seems determined to finally buy Twitter. The news was announced in a letter to shareholders yesterday, following the start of a juicy legal battle that spilled a lot of ink this summer. It must be said that the billionaire made us see all the colors, from his staggering 44 billion euro offer to the bot stories hidden by the management.
But the possibility of having to pay 1 billion dollars to Twitter that convinced Elon Musk or his other ambitious projects? Indeed, over the summer, the businessman vaguely declared his desire to launch his own social network. This would inherit the X.com domain name from the online bank founded by the billionaire years ago, which later became PayPal.
Twitter takeover, a springboard for Elon Musk
Elon Musk wanted to make more noise on this issue with his Twitter subscribers in recent days. Therefore, when one of them asks why he finally decided to buy Twitter, the person concerned says that the social network is active. “An accelerator to realize X.com’s original vision”. In a statement he also repeated several times, he added that the transaction could extend X.com’s release date by 3 to 5 years.
So what is this vision that Elon Musk is talking about? Tesla’s boss has already discussed his project with Twitter employees, especially taking the example of the Chinese social network Wechat. “There is no equivalent of Wechat outside of China… You basically live on Wechat in China. If we can recreate this with Twitter, we’ll have great success.”explained.
In other words, Elon Musk could combine traditional content sharing with payment and even gaming functions in the West, creating a new kind of social network. In addition, the billionaire can be inspired by TikTok’s algorithm, which he has already raved about and could make Twitter even more popular. “much better at informing users of serious issues.”