Why exactly did Elon want to buy Twitter?

[Haunebu]

Musk is an egotistical fleabag who probably only wanted to buy Twitter because he wasn't satisfied with some of their decisions in recent years(Banning Trump etc).

He decided not to go through with it at the last moment(Probably due to shareholders pressuring him), but couldn't change his decision due to legal issues. Twitter is basically a toy for him to play with.

[BigBos]

I think Elon Musk is not so satisfied with the services and features that Twitter provides to users that Elon wants free speech, Elon also indicated that he would relax Twitter's content moderation policy and at the same time take action against irresponsible users. violation of their service program Elon also said that he could change it if twitter became a private or private company. This is in line with the sentiments of Jack Dorsey in one of his tweets which said that Twitter was owned by Wall Street and the advertising model in the sense that Dorsey revealed that turning the Twitter company into a private company was the right step. So you can have strategic planning freedom if you become a private company.
There were several internal board problems that influenced the board of supporters to support the resignation of Jack Dorsey as CEO, the trigger was because Jack Dorsey was not able to increase the possibility of Twitter being abandoned by other social media colleagues, and also the value of Twitter shares was stagnant. In the end, Jack Dorsey resigned in November 2021. Of course, Elon will not stay silent considering Jack Dorsey is his theme.
Content moderation isn't the only thing Elon will do, there are a few other things he'll be working on. What he has said on several occasions:
1. Elon was once asked to add an edit button
2. Elon wants users who subscribe to blue Twitter to be able to pay with their favorite cryptocurrency DOGE COIN
3. Elon said it should create an algorithm that determines which posts to show to users which is open source to increase public trust on Twitter.
4. Lastly Elon said that Twitter should get rid of spam bots that interfere with his platform or die trying to do so and he will authenticate all real humans with some sort of verification badge.

[Cryptomultiplier]

Elon Musk certainly has a business calculation that is profit and loss when buying Twitter, and the thing that we can easily catch is that Twitter users are in the second rank after Facebook so that it becomes a great potential to be developed for business, I'm sure 2 or 3 years Twitter will be full with advertising so as to make a very large money.

Are we really sure about that? He is a weirdo and he could do something just for the fun of it, and he bought twitter and the first thing he did was making blue ticks cost something and that wasn't loved by anyone aside from scammers who found it cheap to have blue tick and convince people they are not scammers.
I am sorry but he doesn't look like someone who has ideas, he looks like who has dreams and I am sorry to say this but he probably will fail for a while, and then will find a way when others help him see that way. He is not a guy who can run a company successfully, he is a guy who can sell an idea to people and get money and then use that money on engineers who can turn that dream into reality.

Elon being weird or not is totally out of context. He is intelligent and a business man/entrepreneur who has the means and resources to fulfill his desires. He bough twitter because he plans, and right away, those plans will gradually unfold. The blue botton for like is one of the many amendments to suit his agenda. He has the ideas like you have said, but the one with the ideas is not really the one who enacts them. He has brilliant personnel and engineers more than one can count to execute his ideas. Let's hope the company twitter doesn't elude him in no one single way.

[uneng]

Last time I saw it was said he bought twitter to help humanity. Maybe it refers to the new policy he wants to introduce on twitter, which claims to be free speech friendly and against censorship.

Well, that is what they say, but the real purposes may be others yet. Elon Musk is a wealthy and power accumulator and presents himself towards the masses as a prosperity creator and as a savior (especially regards freedom and individual rights).

Individuals who present themselves like this, while having hidden agendas are dangerous in my opinion. I fear this man controls too much power and influence towards the world at some point.

[dunfida]

Last time I saw it was said he bought twitter to help humanity. Maybe it refers to the new policy he wants to introduce on twitter, which claims to be free speech friendly and against censorship.

Well, that is what they say, but the real purposes may be others yet. Elon Musk is a wealthy and power accumulator and presents himself towards the masses as a prosperity creator and as a savior (especially regards freedom and individual rights).

Individuals who present themselves like this, while having hidden agendas are dangerous in my opinion. I fear this man controls too much power and influence towards the world at some point.

When you do have the money
When you do have the fame
When you do have the popularity

Then you could actually be able to attain that superiority which you could anytime set out some hidden agendas behind with those pleasant things that you've been doing.
But come to mind that whenever the community or entire world do knows about shitty stuff to came out then it would definitely affect his overall image which i dont
see for Elon on risking out on what he had trying to establish.We dont actually know on whats running into his mind when it comes to future plans or something.

[Majestic-milf]

Why Elon purchased Twitter? Hehehe, maybe to add a social media platform to his list of acquisitions. Up to date, his achievements include X.com, Tesla, SolarCity, SpaceX, Starlink, Hyperlink, Open AI, Neuralink. Now adding Twitter to the list helps for diversification.
 In one of his posts he said he could include a service dedicated to car rides on the platform, so I won't be surprised if he would think to market Tesla on there too.

 

[Ani1985]

Elon Musk is a businessman and knows what to do, for those who do not understand and think that $ 44 billion is a very expensive price but I'm sure 2 or 3 years in investment $ 44 billion will return and profit, and the main mission of Elon Musk is to become Promotion Means for Elon Musk's Business Line.

[xSkylarx]

Elon Musk is a businessman and knows what to do, for those who do not understand and think that $ 44 billion is a very expensive price but I'm sure 2 or 3 years in investment $ 44 billion will return and profit, and the main mission of Elon Musk is to become Promotion Means for Elon Musk's Business Line.

It is always part of the business; he purchased it so he could earn it back. I think the reason was to promote more of his business and its data. I know Elon is doing some sort of AI right now, and the data coming from Twitter could be used to improve his AI. We know that Elon's inventions or projects can greatly help humans, and I am hoping that all of us can benefit from them.

[mich]

Well firstly I think it's great that Elon Musk bought Twitter for an important reason. The fact that we have freedom of speech as a right is absolutely amazing but in practice we’re not being delivered on that promise. Social media has now become so ingrained in our lives that we depend on it for our expressing our ideas and in principle our thinking. 

Taking Twitter private is the best way to ensure that our freedoms last into the new digital age.  I think Elon bought Twitter so he could see these changes happen and he knew it would cost him 44 billion dollars to make it happen.

[nakamura12]

Didn't musk tweeted the reason why he want to acquire twitter?. As far as I can tell, musk must have another reason why he wants to acquire twitter. We all know that musk tweeted crypto related on twitter platform and msybe that's the other reason why he wants to acquire twitter and successfully acquired twitter, It also could be for political reason. Well, I found this in the article provided in here about bthe reason why musk acquired twitter though I think that this is what he wants people to think (I may be correct or not at all).

The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence

[coupable]

It is undeniable that Elon Musk is a talented guy and holds the position of the richest person in the world at a relatively young age compared to other rich billionaires. The man is pulling Twitter out of a long slump into a completely different new era. I can't describe to you what Twitter would be like like SpaceX and Tesla.
About firing 50% of employees around the world, he won't just fire someone without doing a background check. There should be a reason for him to do that.

[2stout]

IMHO, Elon's Twitter purchase was basically a power move- power and control over politics, followed by an advertising cost savings for the various companies under his purview.  I don't buy the whole free speech absolutist bs either as he has already made petty moves that undermine and contradict this.

[hatshepsut93]

If you take Elon's words at face value, it seems like he sees himself as a messiah who will save America from some political catastrophe like a civil war, and he wants to do that with free speach, so that all political sides had access to it and no single side dominated the info space.

Now he seems to be on track to suffer a huge loss, as advertisers don't like the idea of Twitter to become a place of uncheked free speech, because they don't want to be advertised on a platform with a big presense of extremist content like racism or homophobia.

[Fredomago]

It is undeniable that Elon Musk is a talented guy and holds the position of the richest person in the world at a relatively young age compared to other rich billionaires. The man is pulling Twitter out of a long slump into a completely different new era. I can't describe to you what Twitter would be like like SpaceX and Tesla.
About firing 50% of employees around the world, he won't just fire someone without doing a background check. There should be a reason for him to do that.

He wanted a complete change and by firing those employees he can put people who can wok with him and with all those demands that he want, Elon Musk is not just a billionaire by chance but by IQ and skills, he will take over and will make things profitable for his business, twitter might be something that he can use with his business and he will surely maximize the use of it in order to gain more money.

He spent a lot and expect to gain it back with a huge percentage of profits. We will understand everything once he executed his
main goals, just wait and see.

[Tallupooh]

1. make Twitter a trusted platform
2. a platform for free speech
3. Combat bot proliferation

I read it from here
https://blog.amartha.com/official-owner-twitter-ini-3-reason-elon-musk-beli-twitter/#:~:text=Still%20quotes%20dari%20Washington%20Post,important%20to% 20various%20angle%20view.

[noorman0]

-snip-
Musk wants to charge $19.99 on people with blue checkmarks.

One thing is close to the possibility that it will actually be implemented because there has been an announcement published on Twitter's "help" page for $4.99.

How much does Twitter Blue cost?

Twitter Blue subscriptions are paid on a monthly basis, and priced regionally based on the current US price of $4.99.

Assuming if the blue twitter users are 424k according to statista, twitter will get a steady annual income of more than $25 million.
It seems that verification to get a blue account will be made easier in the near future.  

[Smack That Ace]

Social media today is seen as the leading weapon in everything from political propaganda to business, so it's no surprise that Elon or some other billionaire buys up the popular social network like Twitter. In today's world, whoever controls the media will almost certainly win. The companies that Elon runs like Tesla and Space all have fierce competitors, this Twitter buy is definitely good for his work. According to recent reports, many companies have stopped advertising on Twitter but most of them are competitors of Tesla.
It's quite interesting that many people think that he spent 44 billion to buy Twitter just for doge

[bakasabo]

It's quite interesting that many people think that he spent 44 billion to buy Twitter just for doge

It is also interesting to observe, that many people think that Elon Musk has bought Twitter with his own money, or that people dont count his assets, but think that he has a bank account with billions on it. I think a lot of people imagine, that Elon has logged in into his bank account, clicked "new payment" and transferred 44 billion to Twitter bank account. I think these people will be amazed, when they find out that behind this deal stand a lot of other companies and Elon Musk is not the only owner of Twitter.

[EarnOnVictor]

Seems it’s official. However I am puzzled as to why he bought it in the first place.

For one he overpaid for it because looking at tech stocks like Facebook, it’s value would be probably less than $20 a share compared to the $54.20 he paid for it. So he really must have a big interest in it.

Anyone know why? Is it because they banned Trumps account? Is it because it’s censored too much and he wants it to be more decentralized ?

The reason Elon Musk bought Twitter is not so important, the reason is childish and borne of greed. He wanted to control more things, especially a communication platform, and Twitter could only be his reasonable target as Facebook and top others would never sell their platforms to him.

This started as a play thinking Twitter would not take him seriously, but the opposite was the case as they dared him into action. And perhaps, maybe because of shame and ego, he proceeded before trying to make a U-turn giving excuses as if it was child's play. Yet Twitter took him accountable.

I knew he would never win in court!

[The Sceptical Chymist]

Social media has now become so ingrained in our lives that we depend on it for our expressing our ideas and in principle our thinking. 

It doesn't have to be that way, you know.  I suspect if you think we're all dependent on social media, you're probably either under 30 years old or someone who needs it as part of how they make their living.  Using platforms like Twitter, Facebook, and all the other social media sites is a choice (for the most part), and I can tell you that I'm perfectly happy not using any of them.  I don't think bitcointalk counts as social media, but if it does then it's my one guilty pleasure.

Taking Twitter private is the best way to ensure that our freedoms last into the new digital age.  I think Elon bought Twitter so he could see these changes happen and he knew it would cost him 44 billion dollars to make it happen.

I have a hard time taking anything I read in the news (or from Elon Musk) at face value.  You might be correct, but as I said previously when an ultra-wealthy individual purchases some sort of media outlet, it's usually because they want to control the flow of information.  I don't use Twitter, but I'm damn curious as to how it's going to look 6 months to a year from now.  Maybe by then we'll see if the reasons Musk gave are true or if he had another agenda.