Once the deal is approved by shareholders and regulators, Twitter will go private. According to CNBC, from now until then, many questions related to the future of Twitter remain unanswered.
One of the biggest questions is who Musk will appoint as the new chief executive officer (CEO). The current CEO is Mr. Parag Agrawal, only running the company 5 months after succeeding co-founder Jack Dorsey. CNBC channel commented that these two people are unlikely to work together in the future.
Twitter’s headquarters in San Francisco, California – USA Photo: REUTERS
The statement on the deal also did not specify how much control Musk would have over Twitter. Currently, this billionaire is the CEO of electric car company Tesla and SpaceX space company. Not to mention, he is the founder of The Boring Company Tunneling Company, as well as the co-founder of Neuralink Neurotechnology Company. Will he be directly involved in Twitter’s work or follow the way billionaire Jeff Bezos does for The Washington Post, which is to let an independent management team run the operations?
An equally interesting question is what Twitter will look like under billionaire Musk. Musk has been soliciting public input on Twitter’s features, but it’s too early to tell if he’ll make a decision based on their wishes. In a press release, Mr. Musk asserted that free speech is the foundation of a democracy, and Twitter is a “digital square” where people debate issues important to the future of humanity. He said he wants to make Twitter better with new features, turning the algorithm into open source to increase reliability…
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