Co-author of the best-seller Modern Monopolies. Platforms like Facebook and Google are 21st century monopolies.
Tesla CEO Elon Musk has disclosed a 9.2% ownership stake in Twitter, a social media platform that has struggled with censorship and moderation issues. Since we filmed this video, Musk has offered to outright buy Twitter for $43 billion and take the company private.
I don't think Elon is looking at this as a profit driven investment, I think Elon cares about free speech and has taken issue with the censorship on Twitter. He has the money to invest in this and likely also has the pull to enact change on the platform. I think the big question here is whether or not Twitter's current executives and board want to play nice or do this the hard way. Frankly, I'm unhappy with what we've seen from Twitter CEO Parag Agrawal and his responses throughout this ongoing saga.
00:00 - Is Elon fighting for free speech? 00:39 - Twitter has a free speech problem 02:33 - Musk Polls Twitter 03:23 - When did Elon start buying shares in Twitter? 04:48 - Twitter responds to Elon 6:00 - Elon rejects board seat 07:25 - Censorship is bad for business 08:32 - Parag responds to Elon 11:19 - Will the Twitter takeover get ugly? 14:45 - Our WTA Twitter shirts!
Originally Aired: 04/12/22 #Elon #Twitter #TwitterBuyout β
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