It was a day that will go down in history as one of the biggest tech acquisitions of all time. On April 25th, 2022, the social media giant Twitter announced that it will be acquired by Tesla’s Elon Musk. The news sent shockwaves through the tech community and the world at large. The acquisition has been nothing short of a BravoTV series for Twitter and its former CEO’s, Jack Dorsey and Parag Agrawal.
It was a move that showed Musk had the stones to try and take on the complicated future of social media, and it might give the public access to information the former leaders of Twitter maybe were not so willing to share.
The acquisition meant that the company would now have to cope with Elon’s deep pockets and resources, but he has also acknowledged the fact that Twitter is burning cash and has been rumored to stop paying rent.
After years of stagnation and financial difficulties, the company now seems to be on a rampage for any type of stability as more scandals concludes that Elon may have acquired a “crime scene”.
With heavy criticism of the platforms values, accusations of shadow banning management’s enemies and collusion with the United States Government and the FBI, Elon may have added the challenge of shifting the entire world culture at the palm of his hands. The question at hand is no where does one of the world’s largest social media platforms head from here? Speculation arose this week as to what might be taking place below the surface.
The largest republican political donor and the senior advisor to former President Trump met up with the richest man on the planet to share a box and watch the World Cup Final ;). On the same day, Musk posted a Twitter poll suggesting that he would be stepping down as CEO of Twitter if “the people” so chose.
Should I step down as head of Twitter? I will abide by the results of this poll.
— Elon Musk (@elonmusk) December 18, 2022
Elon Musk, Jared Kushner and Ken Griffin all publicly meeting the day that the idea of a new Twitter CEO was floated out on social media may be a coincidence or it may not.
Kenneth Griffin is a billionaire American investor and hedge fund manager. He is the founder and chief executive of Citadel, a global financial firm based in Chicago, Illinois. Griffin is known for his successful investments in a wide range of assets, including stocks, bonds, and real estate. He is also a philanthropist and has donated to a number of charitable causes, including education and the arts. In 2021, Forbes ranked Griffin as the 38th richest person in the world, with a net worth of over $20 billion.
Jared Kushner is a real estate developer and investor who currently serves as a senior advisor to his father-in-law, President Donald Trump. He is married to Ivanka Trump, the president’s daughter. Before joining the Trump administration, Kushner was the CEO of Kushner Companies, a real estate development firm based in New York City. He has also been involved in a number of other business ventures, including the ownership of the New York Observer newspaper. In his role as a senior advisor to the president, Kushner has been involved in a number of policy areas, including criminal justice reform and the Middle East peace process.
It took seconds for rumors that this meeting of the minds was directly related to who would be named Elon’s successor at the social media giant. It is well known that Griffin is a co-investor and help Elon Musk secure capital to acquire Twitter and take the company private. Ken also has a strong relationship with Jared Kushner as the two are some of the largest Republican politically donors.
Elon Musk and Jared Kushner…besties? pic.twitter.com/StyacRipk9
— Benjamin Ryan (@benryanwriter) December 18, 2022
It appears obvious that musk’s main goal with Twitter is maintain freedom of speech. And by bringing on Kushner he would have to trust that this would be upheld.
Yes for the 1ST Amendment! Thank you @elonmusk !! pic.twitter.com/spQuc6VzTM
— Jen (@jennae_m) October 4, 2022
Griffin would want a less polarizing CEO that will help create a profitable company. Jared Kushner seems like the he could be this person as he may be the only member of the Trump organization that has managed to stay away from all sorts of trouble.
But why would Kushner want to carry this burden? Maybe the money and power that could come with the position is alluring but what if it is to accomplish his life’s work of bringing peace to the middle east?
Jared Kushner speaks at U.S. Mideast peace plan conference in Bahrain: "For a moment, imagine a new reality in the Middle East." https://t.co/NkJuIoh4fP pic.twitter.com/MxanUUmGgK
— ABC News (@ABC) June 25, 2019
Kushner is spear heading “a new reality” in the middle east. Is it possible that Twitter is a key technological tool to create this reality? Twitter’s ability to transcend traditional media sources and provide information directly to the people is an incredibly powerful tool. It has been shown to be a weapon to spread ‘misinformation’ and propaganda. Many of Twitter’s case studies to date have been negative and devices. But if Twitter has the power to spread negative power than via Newton’s third law of physics an equal and opposite reaction must be possible. Just imagine for a second a world in which Twitter is used to spread peaceful propaganda that transcends the violence and hate that has entrenched the region for decades. To many this seems like a pipe dream but to a select view with the ability to enact this change it may seem more probable than any of us could imagine.
It is still to be determined what will happen at Twitter. Was Elon just playing the troll and there will be no change in leadership at Twitter for the time being? Only time will tell but it is evident that Twitter’s power and role in shaping society in this world in undeniable.
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