Elon Musk, the billionaire entrepreneur, is the richest man in the world. He has a billion-dollar net worth. Therefore it goes without saying that his influence overwhelms the hallways of numerous businesses, even the ones he does not own.
Twitter, the popular microblogging network co-founded by billionaire Jack Dorsey, has been purchased by the billionaire for $44 billion.
Since taking over, Musk has made significant modifications to the site. While many people despise Musk for his aspirations for “Twitter 2.0,” others appreciate his efforts. And this time, Silicon Valley leaders began to express their thoughts on Musk’s acquisition of Twitter and their expectations of the new Twitter owner.
Reed Hastings, the co-founder of Netflix, went so far as to label Elon Musk “the bravest, most creative guy on the planet.” Musk has a different managerial style than Hastings, but Hastings is “100% convinced he’s trying to improve the world with all of his endeavours.”
According to him, Musk purchased Twitter entirely because he believes in free speech and its capacity to promote democracy.
“It’s not how I would do it, but I’m deeply respectful,” said Hastings. “I’m amazed that people are so nitpicky.”
“What he’s done in multiple areas is phenomenal. You know, his style is different. I’m trying to be a steady, respectable leader. He doesn’t care. Think of a guy who’s spent $44 billion. He could’ve built a mile-long yacht for $44 billion, but it’s like not good for the planet. He’s not interested,” added Hastings.
While Hastings praised Musk, Mark Zuckerberg, the CEO of Meta Platforms, did not share the same appreciation. Though he indicated an interest in watching Musk’s handling of content moderation on Twitter, suggesting that other platforms could take different approaches.
“You can agree or disagree with what Elon is doing, or how he’s doing it, but I do think it’s going to be very interesting to see how this plays out,” said Zuckerberg, speaking at the New York Times’ DealBook conference.
“I would guess that not everything is going to work, but I think some things might work.”
