Amid the buzz that Elon Musk will be the official owner of Twitter shortly, the Tesla CEO on Thursday posted a two-page note on Twitter and explained why he is buying the micro blogging platform. The note addresses the advertisers, however, it is actually about his reasoning to buy Twitter. In the note, he again says how important Twitter is for civilisation and humanity. Have a look at the full note on why Elon Musk is buying Twitter:
Elon Musk’s Note
“I wanted to reach out personally to share my motivation in acquiring Twitter. There has been much speculation about why I bought Twitter and what I think about advertising. Most of it has been wrong.
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. There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.
In the relentless pursuit of clicks, much of traditional media has fueled and catered to those polarized extremes, as they believe that is what brings in the money, but, in doing so, the opportunity for dialogue is lost.
That is why I bought Twitter. I didn’t do it because it would be easy. I didn’t do it to make more money. I did it to try to help humanity, whom I love. And I do so with humility, recognizing that failure in pursuing this goal, despite our best efforts, is a very real possibility.
That said, Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences! In addition to adhering to the laws of the land, our platform must be warm and welcoming to all, where you can choose your desired experience according to your preferences, just as you can choose, for example, to see movies or play video games ranging from all ages to mature.
I also very much believe that advertising, when done right, can delight, entertain and inform you; it can show you a service or product or medical treatment that you never knew existed, but is right for you. For this to be true, it is essential to show Twitter users advertising that is as relevant as possible to their needs. Low relevancy ads are spam, but highly relevant ads are actually content!
Fundamentally, 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.”
Earlier, Elon Musk changed his bio to “Chief Twit” ahead of the closing of his $44 billion Twitter acquisition deal. He also visited the Twitter headquarters in San Francisco on Wednesday and walked in the office carrying a sink. He shared a video with the caption, “Entering Twitter HQ – let that sink in!”
