Elon Musk’s Twitter buy has sent the internet spinning with opinions, worries, and discussions of whether a new social network will benefit from a mass exodus.
Lo and behold, Elon Musk is about to become the new owner of Twitter. As of 2:50 PM Eastern Time today, the SpaceX and Tesla mogul announced an early-stage acquisition of the now privately-held Twitter at roughly $44 billion, and the Internet immediately erupted in response. Leading up to the buyout, Reuters reported on Musk’s tentative plans, heavily suggesting that the time was nigh for an impending Twitter takeover. Even during the early hours of the morning, Twitter and adjacent social media platforms like Reddit came to life with chaotic energy that wouldn’t feel out of place during, say, a presidential election. Now that Musk’s Twitter buyout is on the path to success following a seemingly failed poison pill strategy by its board of directors, the speculative discourse has accelerated across the web.
