Half a month to collect 800 million US dollars! Musk's big attack on Twitter, what is his intention?

Thinking about it today, Musk bought 9.2% of Twitter's share price, and he is currently Twitter's largest shareholder, what exactly does he want to do?

Is it to make money by changing hands?

It is reported that Musk completed this transaction in mid-March, I specifically opened Twitter's stock to take a look, Musk bought the timing is indeed Twitter's stage low:

Preliminary calculations, Musk to buy 9.2% of the stock price should be about $2.9 billion, and just after the news that Musk became Twitter's largest shareholder, Twitter rose by 27%, the current total market value is $40 billion, then 9.2% of the market value is $3.68 billion, from the actual results, Musk is currently floating in Twitter's stock floating profit of nearly $800 million! He did make money.

But there are two reasons that I personally think is not valid, one is the 9.2% figure, why does Musk have to buy this proportion of Twitter stock? The biggest reason should be that he has calculated that the current purchase of this proportion of stocks can ensure the interests of his largest shareholder, second, Twitter stocks are currently in a downward trend, and Tesla's stock is currently rising well, if you want to make money through stocks, Musk has no reason to look at Twitter.

So for now, Musk's acquisition of Twitter's shares is entirely for the seat of the largest shareholder!

What are the seats used for?

A few hours earlier, Musk launched another vote on his Twitter:

"Do you want an edit button?"

Obviously, Musk can initiate this vote, indicating that he should have a certain voice on Twitter at present, about this vote, I voted against a small number of people, but just as I was writing this little article, I changed my mind, I think Twitter should add an editing function.

Twitter is similar to the current micro-headlines, from a grammatical point of view, resulting in a very different meaning of typo phenomenon is difficult to avoid, semantically speaking, in the later stage, if you find your own mistakes, you can also be reformed through the editing function. I initially opposed the editing function is to run to the attitude of being responsible for their own speech, but then think about it, now there are many fast-handed people can take screenshots of some arguments at the first time, which actually leaves relevant evidence, so even if there is an editing function, it will not affect the issue of responsibility.

Back to the point, what is Musk's purpose in asking for this seat? To put it bluntly, seats equal the right to speak, musk definitely wants to make a transformation of Twitter, according to his understanding. The current Tweet should have two biggest "pain points" in Musk's eyes, one is the review mechanism, and the other is the recommendation algorithm.

Auditing mechanism

We don't know the specific review mechanism of Twitter, but Musk has a lot of "encounters"! Musk often alluded to Twitter's lack of freedom of speech, not after another vote was launched a few days ago:

"Do you think Twitter adheres to the principle of free speech?"

About 70 percent of participants believe Twitter did not abide by the principle of free speech. Why does Musk think Twitter's speech is not free? This should be caused by Twitter's moderation mechanism. It is reported that the information about securities released by Musk on Twitter needs to be pre-reviewed by the American Stock Exchange, which is certainly unbearable for Musk, the richest man in the world, but he cannot express his own speech according to his own ideas, which should be the biggest reason why he feels that speech is not free.

Recommendation algorithm

Regarding Twitter's recommendation algorithm, he launched another vote:

"Do you think Twitter's recommendation algorithm should be open source?"

And more than 80% of the participants believe that Twitter should open source its recommendation algorithm, which is very straightforward, Musk believes that the social platform's speech recommendation algorithm should not be decided by the platform side, but by the public, so as to promote free speech.

Musk is a very interesting person, whenever he wants to do something, he often chooses to vote on Twitter, such as asking whether to sell part of Tesla's shares for tax voting some time ago, most participants support him to sell stocks to pay taxes, and the actual result is that he did.

Referring to the vote on whether Twitter abides by free speech, most participants chose no, and Musk also directly bought 9.2% of Twitter's stock price, and from these votes, Musk seems to be a popular choice.

What is the intention?

Outsiders certainly can't dialyze Musk's true thoughts, so the reason for this large purchase of Twitter stock can only be speculation, but if you change your identity, that is to say, you are Musk, you want to tweet information about Tesla stock, but before clicking to send, you need to send this information to the US stock exchange for review, you are definitely unhappy! You also think that you are the richest man in the world with a lot of money, the market value of Twitter is only one-tenth of your net worth, and you will also have the impulse to buy Twitter for your own use!