How will Twitter change now that Elon Musk owns it?

How will Twitter change now that Elon Musk owns it?

Elon Musk finally took ownership of Twitter Inc, following which he fired some of the top executives of the company.

However, he provided little information about how he will change the social media platform.

"The bird is freed," he tweeted after he completed his $44 billion acquisition on October 27.

The Tesla CEO said he wants to prevent the platform from becoming an echo chamber for hate and division.

Among other goals, he wants to overcome spam bots on Twitter.

He also aims to make the algorithms that determine how content is presented to its users publicly available.

He has said he plans to cut jobs, leaving Twitter's 7,500 employees fretting about their future.

Musk is planning on becoming Twitter's interim CEO, according to reports.

After acquiring Twitter, Musk's net worth is $212 billion, as of 2022.