Wedbush Securities managing director Dan Ives discusses whether Elon Musk can turn Twitter into a lucrative business on “The Claman Countdown.”
Liberals with verified Twitter accounts have flooded the social media platform to challenge the idea of billionaires buying social media companies, prompting their conservative critics to point out that many Democrats have remained silent on billionaire buyouts similar in the past.
“Elon Musk buying Twitter is wrong,” said former Democratic congressional candidate Nina Turner tweeted this week. “Billionaires owning media is wrong. Billionaires buying off politicians is wrong. We wonder why ‘the rich get richer while the poor get poorer’ still true?”
“When multi-billionaires take over our most vital communications platforms, it’s not a victory for free speech. It’s a victory for the oligarchy,” the former labor secretary said. the Clinton administration, Robert Reich. posted Thursday.
Conservatives on social media responded to the tweets by pointing out that Democrats backed the Washington Post owned by billionaire Jeff Bezos and were less critical of the wealth of Facebook founder Mark Zuckerberg and former Twitter CEO Jack Dorsey. .
TRUMP TO STAY ON HIS SOCIAL TRUTH AMID ELON MUSK’S TWITTER TAKEOVER
Elon Musk attends the 2022 Met Gala at the Metropolitan Museum of Art on May 2, 2022 in New York City. (Dimitrios Kambouris/Getty Images for the Met Museum/Vogue/Getty Images)
“Translation: leftists liked the former billionaire more than the new billionaire, because the former billionaire silenced everyone who disagreed with the leftists,” Republican Senator Ted Cruz tweeted in response to Reich.
“Stop attacking Bezos Zuckerberg and Dorsey, you know your guys,” CPAC President Matt Schlapp tweeted.
WHAT I DID IF I WAS ELON MUSK TAKING OVER TWITTER: LET FREEDOM RULE
Tesla CEO Elon Musk smiles as he addresses guests at the 2022 Offshore Northern Seas Meeting (ONS) in Stavanger, Norway ((Photo by Carina Johansen/NTB/AFP/Getty Images/Getty Images)
Musk completed his $44 billion acquisition of Twitter on Thursday and released a letter to advertisers outlining his vision for the company.
“The reason I acquired Twitter is that it is important for the future of civilization to have a common digital public square, where a wide range of beliefs can be debated in a healthy way, without resorting to violence. “, Musk posted on Twitter. “There is currently a great danger that social media will split into far-right and far-left echo chambers that generate more hate and divide our society.”
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The Twitter logo is seen on a sign outside Twitter’s headquarters in San Francisco, California, October 28, 2022. – After months of controversy, Elon Musk is now the head of one of the most popular social networks influential people on the planet, what (Photo by Constanza Hevia/AFP via Getty Images/Getty Images)
Musk added that the social media platform “cannot become a free hellscape for everyone” and that he will focus on upholding the “laws of the land” while fostering a “warm and welcoming environment for all”.
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