Trump can return to Twitter under Elon Musk’s $44bn purchase

Published

4 years ago

May 11, 2022

Elon Musk says if his bid to buy Twitter is successful he will reverse Donald Trump’s ban

Musk told a summit that Twitter’s decision to ban former U.S. President Donald Trump was “morally wrong and flat-out stupid”

Trump’s account was suspended after the Capitol riots last year, due to the risk of further violence occurring.

The richest man in the world agreed a 44-billion-dollar takeover bid with the Twitter board last month.

But the deal isn’t set in stone and will take a few months to process.

Once it goes ahead, the Tesla owner told the Financial Times “I would reverse the permanent ban”

According to Musk “Banning Donald Trump didn’t end Trump’s voice. It will amplify it among the right.”

Musk believes the decision to suspend Trump forever is morally wrong and foolish in the extreme.

He pointed out that Trump has said in the past he would not return to Twitter even if his account was reinstated.

Musk says his spoken to Twitter co-founder Jack Dorsey on permanent bans of accounts, and says that move should be extremely rare and reserved for accounts that are bots or scams.

He believes that if someone tweeted something “illegal or otherwise destructive to the world” then there should be suspension or post removal.

Musk wants Twitter to build more trust by sharing its algorithm and asking people to make suggestions on how to improve it.

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S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

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Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

Published

2 days ago

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Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

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