In a note on Twitter, Elon Musk listed reasons why he purchased the micro-blogging platform Twitter. Musk, the world's richest person, visited Twitter's headquarters in San Francisco on Wednesday and hinted he was the company's top boss after updating his profile bio to "Chief Twit".
Taking to Twitter, he said, "There has been much speculation about why I bought Twitter and what I think about advertising. Most of it has been wrong."
He wrote: "The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence."
He warned of the danger that social media will break into far right wing and far left wing "echo chambers."
Also read | Not planning to cut 75% of jobs, Elon Musk tells Twitter employees
"Twitter aspires to be the most respected advertising platform in the world that strengthens your brand and grows your enterprise. To everyone who has partnered with us, I thank you. Let us build something extraordinary together."
Addressing the social media platform's employees at Twitter HQs, Musk had said that he is not planning to cut 75% of the staff when he takes over Twitter.
Musk, whose $44-billion Twitter deal looks on track to close by Friday, denied the previously reported number in an address to employees at the company’s San Francisco office.
Twitter Inc shares will be suspended from trading on Friday, the New York Stock Exchange's website showed, as Musk faces a court-ordered Oct. 28 deadline to close his $44 billion deal for the social media platform.
It was earlier reported that equity investors, including Sequoia Capital, Binance, Qatar Investment Authority and others, had received the requisite paperwork for the financing commitment from Musk's lawyers.
Taking to Twitter, he said, "There has been much speculation about why I bought Twitter and what I think about advertising. Most of it has been wrong."
Read | Elon Musk visits Twitter office, says 'let that sink in'
He wrote: "The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence."
Dear Twitter Advertisers https://t.co/GMwHmInPAS
— Elon Musk (@elonmusk) 1666876080000He warned of the danger that social media will break into far right wing and far left wing "echo chambers."
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Also read | Not planning to cut 75% of jobs, Elon Musk tells Twitter employees
"Twitter aspires to be the most respected advertising platform in the world that strengthens your brand and grows your enterprise. To everyone who has partnered with us, I thank you. Let us build something extraordinary together."
Addressing the social media platform's employees at Twitter HQs, Musk had said that he is not planning to cut 75% of the staff when he takes over Twitter.
Musk, whose $44-billion Twitter deal looks on track to close by Friday, denied the previously reported number in an address to employees at the company’s San Francisco office.
Twitter Inc shares will be suspended from trading on Friday, the New York Stock Exchange's website showed, as Musk faces a court-ordered Oct. 28 deadline to close his $44 billion deal for the social media platform.
It was earlier reported that equity investors, including Sequoia Capital, Binance, Qatar Investment Authority and others, had received the requisite paperwork for the financing commitment from Musk's lawyers.
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