Elon Musk is interested in buying Twitter, has a strong interest in switching platforms
Billionaire Elon Musk has again shown interest in buying Twitter and now appears to be offering to pay the same amount originally agreed between the parties.
The announcement made on his Twitter account took equity markets by surprise and generated controversy about its validity.
Musk offered $44 billion to the company months ago, but had doubts about fake social media accounts, arguing the need to know the real numbers of their reach.
"Buy Twitter is an accelerator to create X, the application of everything," he wrote today and generated a series of theories about his next step.
One user responded to the tweet by saying he thought it would be easier to start X from scratch, to which Musk replied that "Twitter probably accelerates X by 3 to 5 years, but I could be wrong." This only sowed more doubts about the future of the social network.
Buying Twitter is an accelerant to creating X, the everything app
— Elon Musk (@elonmusk) October 4, 2022
Musk owns the domain X.com, born with the creation of the online bank he co-founded in 1999. In the early 2000s it merged with PayPal and years later, in 2017, Musk redeemed. However, when you try to log in to the site today, the only thing you can see is a blank page with an "x".
However, this wouldn't be the first time Musk has referred to the domain as a social network. On August 9, another Twitter user asked him if he was considering creating his own platform in this style, to which he replied directly "x.com."
Musk was scheduled to appear on Oct. 17 with Delaware authorities at the request of Twitter, which told the tycoon to make the purchase. The two sides agreed to acquire the company, but the billionaire later canceled the deal, saying he found a substantial breach of several terms of the deal, including the number of fake accounts the company had registered.
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