Elon Musk's acquisition of Twitter for $44 billion introduced tumultuous changes, significantly altering the platform and leading to a drastic reduction in workforce, showcasing his controversial approach.
Musk's primary contention was that Twitter suppressed free speech, particularly targeting conservative viewpoints, which fueled his initial decision to acquire the platform and implement sweeping reforms.
Legal disputes characterized Musk's takeover; Twitter sued him to enforce the acquisition, while he expressed concerns about the platform's transparency, particularly regarding spam accounts.
Despite the ambitious goal of profitability by 2024, Musk's leadership has led to severe advertising revenue drops, resulting in a valuation significantly lower than the purchase price.
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