Elon Musk wants to re-engineer the “public square”
Elon Musk wants to re-engineer the "public square"
The Economist,
Sweeping statements about the future of humanity do not usually feature in discussions about leveraged buy-outs. But Elon Musk has never felt bound by convention. Asked about his plans to buy Twitter, a social network, and take it private—which were approved by the firm's board on April 25th—he went straight for the big idea. "My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilisation. I don't care about the economics at all."
Compared with its rivals—Facebook, Instagram and TikTok—Twitter is a minnow. But the deal matters. One reason is that Twitter's size belies its importance. As a haunt of politicians, pundits and wonks, it does much to set the political weather—a digital "public square", as Mr Musk put it.
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