What Musk¡¯s Twitter Deal Really Means

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The world¡¯s richest man will soon 1be in charge of Twitter. Elon Musk has 2reached a deal to buy the company for $44 billion.

¡°[INAUDIBLE] Musk is playing a pretty 3hefty price for Twitter and I think it¡¯s a 4head-scratcher to many.¡±

The deal is raising widespread questions and concerns from Twitter users to lawmakers on Capitol Hill. All wondering what this 5takeover will mean for the platform, and for society.

¡°Twitter has been a dark, dark place. I hope it doesn¡¯t get any darker.¡±

¡°We¡¯re all watching it with a great deal of interest.¡±

Experts say several changes may be ahead... saying Musk is likely to move to 6modernize and 7monetize Twitter.

¡°It¡¯s probably turning into a 8subscription platform to three dollars a month. They¡¯ll lose significant amount of users, but probably those that would stay on¡¦ that would significantly increased 9revenue.¡±

Experts say one thing is very clear -- Morgan Stanley could be the biggest winner. The investment bank Musk chose to carry out the deal -- expected to profit as much as 1.3 billion dollars from 10financing Musk¡¯s loan. And what does this mean for the future of social media? Experts say Musk has 11condemned Twitter¡¯s approach to content moderation censorship. But it¡¯s unclear how exactly he will approach 12freedom of speech on the platform.

Article from: https://cnn.ybmnet.co.kr/cnn_class/2409