Elon Musk has confronted widespread backlash following his $44 billion acquisition of Twitter. Many analysts consider he overpaid for the deal. The billionaire additionally got here beneath hearth for rolling out Twitter Blue at a subscription payment of $8 a month.
Through the Paris VivaTech occasion this week, Musk poked enjoyable at himself amid the controversy and stated, “If I’m so good, why did I pay a lot for Twitter then?”
When requested concerning the rationale behind the acquisition, Musk expressed considerations about Twitter’s influence “on civilization,” stating that he believed the platform was having a detrimental impact.
“I used to be involved Twitter was having a damaging impact on civilization and corrosive impact on civil society, and something that undermines civilization, I believe, isn’t good,” he informed the viewers.
“I felt Twitter stored shifting in a damaging route, and my hope and aspiration was for it to be a constructive power for civilization,” he defined.
“I believe if somebody is an everyday Twitter person, then most individuals would say their expertise has improved,” Musk stated. “We’ve gotten rid of 90% of bots, scams and varied unhealthy issues taking place. We’ve gotten rid of 95% of kid exploitation materials on Twitter, which was a shock to see a few of what was happening for 10 years.”
Whereas joking about himself, Musk stated, “I’m undoubtedly not evil.”
“I’m undoubtedly not evil ” – @elonmusk pic.twitter.com/N4GTzaJTTG
— Sir Doge of the Coin (@dogeofficialceo) June 16, 2023
Earlier than attending the convention, the world’s two wealthiest people, Louis Vuitton’s Bernard Arnault and Musk, lunched collectively on Friday in Paris. They caught up for lunch on the Cheval Blanc, one in every of Europe’s costliest lodges that provides a wide ranging view of the Eiffel Tower.
Produced in affiliation with Benzinga
Edited by Maham Javaid and Virginia Van Zandt
