Elon Musk took to Twitter on Friday to give an idea of his vision for the social media platform, post-acquisition, also offering an idea of what his employees can expect, in regards to the professional life under his direction.
Musk’s comments accompanied a screenshot of a recent Fortune article titled: “Interest in Twitter has skyrocketed over 250% since Elon Musk decided to take over. But current employees are nervous.
“If the Twitter acquisition closes, the company will focus on software engineering, design, infosec and server hardware,” wrote the world’s richest man, who also runs businesses. such as SpaceX and Tesla. “Software managers have to write good software or it’s like being a cavalry captain who can’t ride a horse!” Also, work ethic expectations would be extreme, but far below what I demand of myself.
Musk began buying a significant amount of Twitter stock as recently as January, taking a 5% stake in the company on March 14. He first announced its intention to acquire Twitter for $54.20 per share on April 14. The idea wasn’t initially liked by the social media service’s board, which went so far as to adopt a time-limited shareholder rights plan, or ‘poison pill’, to dissuade him from trying. to take over the company, yet within two weeks he had successfully reached a deal to acquire Twitter for $44 billion.
“Free speech is the foundation of a functioning democracy, and Twitter is the digital public square where issues vital to the future of humanity are debated,” Musk said the day news of his breakthrough came. in negotiations with Twitter broke out. “I also want to make Twitter better than ever by improving the product with new features, making algorithms open source to increase trust, defeating spambots and authenticating all humans. Twitter has huge potential – I can’t wait to work with the company and the user community to unlock it.
Musk’s acquisition of Twitter is expected to be completed later this year. Upon its acquisition, Twitter will become a private company. Check out Musk’s thread on the future of the company by clicking below.
If Twitter acquisition completes, company will focus on software engineering, design, infosec and server hardware https://t.co/m2HseK0TXl
— Elon Musk (@elonmusk) May 6, 2022