Will Elon Musk Move Twitter to Texas? Will He Give Trump His Account Back? Questions Abound.

Elon Musk fanboys on Twitter are all excited that their Twitter king could soon be the full owner of Twitter. But what he will actually do to improve the company’s finances or change the Twitter product itself is among many open questions after the company’s board of directors signed off on Musk’s offer to take the company private.

Musk will not officially “own” Twitter until shareholders vote on Musk’s $54.20 per share offer. But the Twitter executive has capitulated two weeks after appearing hostile to such a hostile takeover — perhaps because the reality was that better deals for the company, if any, aren’t coming for a long time, and this deal will they and many make early hires quite rich.

But many current Twitter employees are right to be nervous that Musk’s vision for the company could include any of the following:

1) Getting rid of many of the content moderation tools that have been hotly contested in some respects over the past decade to reduce hate speech and abuse on the platform

2) Giving back to former President Trump his powerful platform to spread outright lies while destroying democracy, all in the name of “Free Speech”

3) Abolition of the company’s all-remote work policing, introduced last year, which has kept its Market Street offices fairly quiet, if not completely empty

4) closing those offices entirely and moving the company to Austin like he did with Tesla, in name at least

5) Downsizing based on its own vision for business efficiency

Texas-based anti-abortion, anti-trans fanatic Greg Abbott has already tweeted to Musk that he should of course move Twitter there.

When asked if Musk plans to move the company to Texas, a Twitter expert, Wedbush Securities analyst Dan Ives, replies tells the Chronicle today that San Francisco is “a core part of Twitter and its DNA,” and “Musk will view this presence as an important asset, not a liability.” But will he?

Ives turned and told the Austin American-Statesmen something else to maybe give them what they wanted to hear.

“He will do more and more business around Tesla [in Austin]and I think later there will be some part of SpaceX operations, and eventually Twitter,” Ives said. “It’s all part of the Musk structure.”

That SF Business Times Notes that Musk wasn’t the biggest fan of COVID shutdowns and remote work. So if he calls all Twitter employees back to the office, it could both trigger an exodus from the company and be a boon to the middle class downtown — which needs all the help they can get with walking.

Will Elon Musk Move Twitter to Texas? Will He Give Trump His Account Back? Questions Abound. Source link Will Elon Musk Move Twitter to Texas? Will He Give Trump His Account Back? Questions Abound.

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