All power to the Musk! Elon Musk (51), who is worth about $265 billion, bought Twitter on Thursday. The description “Chief Twit” has been on his profile since Thursday. The designation has two meanings. Either “head of Twitter” or “top idiot”.
Not the first time the billionaire has played with ambiguities. He shared a video on Twitter on Wednesday in which he entered Twitter’s headquarters in San Francisco with a sink. He writes, “Let that sink in.” Musk plays with the word “sink,” which means “sink” in English. But his comment has two meanings: “Let that affect you.”
With the Twitter deal, Musk, who grew up in South Africa in a pretty deranged family, would continue to expand his empire. The richest person in the world currently rules the space company SpaceX, the electric car manufacturer Tesla, the payment service PayPal and also the satellite system Starlink.
Musk offered help in the war in Ukraine
The man who is a citizen of South Africa, Canada and the US enjoys this power. State companies like NASA approach him because he is often ahead of them in research.
But so much power in the hands of a single, wayward individual is also dangerous. This can be seen, for example, in the war in Ukraine. At the beginning of the Russian invasion, Musk offered Ukrainians free Internet access with its more than 3,000 small Starlink satellites. The system is also of great importance for the successes of the Ukrainian army.
Recently, however, he shocked the Ukrainians by announcing that he would no longer fund the Internet service. Only after great indignation did he give in and show his willingness to maintain the system. Dan Ives, an analyst with US investment firm Wedbush Securities, told ZDF: “Musk is making losses in Ukraine, but Musk ultimately benefits because it demonstrates the importance and stability of Starlink.”
Bizarre voting on Twitter
Playing with Starlink makes Musk a key figure in the war in Ukraine. It is therefore not surprising that the self-portrait also intervened in politics, proposing a peace plan to the Russians and Ukrainians.
The content: The elections in the annexed territories are repeated under the supervision of the UN. Crimea must be recognized as part of Russia, the Russians must withdraw from the remaining areas and Ukraine must remain neutral.
He voted on his proposal on Twitter, sparking outrage among Ukrainians, especially President Volodymyr Zelenskiy (44).
Will he help Trump make a comeback?
Musk’s statements and actions show how much power he possesses and that he can even influence the course of a war. For this reason, according to the news portal Bloomberg, American politicians should ask themselves to what extent a private person can have critical infrastructure.
The Biden administration is apparently currently considering whether Musk’s Starlink activities and other companies should be subject to national security audits.
Twitter’s takeover offer has also been criticized. It cannot be ruled out that the Biden administration will step in and thwart the purchase, as Musk is financing the 44 billion deal with money from Saudi Arabia and a Chinese-born billionaire.
But it may also be because Musk has announced that he will reactivate the Twitter account of former US President Donald Trump (76). Because if Trump can publish his slogans on Twitter again as usual, it could have a decisive influence on the upcoming presidential election campaign and Musk could become a kingmaker with his billions.
Guido fields
Source: Blick

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.