Elon Musk is officially Twitter’s new owner as of October 27, 2022.
According to him, he hopes the platform will continue to be a digital town square for years to come.
The Tesla/SpaceX boss explained his reasons for the $44 billion purchase Thursday, saying, “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 in our society.”
He continues, “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.”
He says, “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.”
Elon’s Twitter bio reflects his new purchase as well, calling himself the “Chief Twit.”
There’s also a video that circulated this week showing him roaming about the headquarters with moving boxes.