Tech billionaire Elon Musk is ready to buy Twitter for $43 billion in his “best and final offer” in a not-so-surprise move. The world’s richest man, who recently became the individual majority shareholder in the microblogging site, has long advocated for several changes to Twitter.
After famously accepting and then declining a seat on Twitter’s board after acquiring a 9.2 percent stake in the company, Musk had started a flurry of polls asking his 81.6 million users’ advice on changes to the social media giant.
Here is a list of the things the Tesla and SpaceX CEO suggested since he became the largest shareholder of Twitter.
1) An edit button
Elon Musk had suggested introducing an edit feature on Twitter even before he became the largest shareholder. He continued to press for it recently as well.
“Now that everyone is asking… yes, we’ve been working on an edit feature since last year,” Twitter posted on its communications account. “No, we didn’t get the idea from a poll,” it added, poking fun at the Tesla boss.
73.6 percent of users said yes to the edit button.
2) Twitter Blue
Just days ago, Musk came up with some critical suggestions for Twitter Blue, a paid monthly subscription that offers access to premium features and customizations. The SpaceX CEO suggested that all users signing up for Twitter Blue should get an authentication checkmark – one that is different from the “official account” blue tick and should have no advertisements. He also said that corporations have a more significant say in policy with ads if Twitter is dependent on advertising money.
“Everyone who signs up for Twitter Blue (i.e., pays $3/month) should get an authentication checkmark,” the 50-year-old tweeted.
The billionaire also added that the checkmark should go away if the paid subscription expires or bots and scammers sign up for a few months. He said prices should be around $2 a month, and a year’s fee must be paid upfront. After proper checks on the payment, the checkmark should be given only after a good two months.
3) Pay in Dogecoin
Musk also suggested that Twitter Blue service payments can be made through the cryptocurrency Dogecoin. He said this while replying to an Argentinian national about reducing the cost of Blue when he said that maybe the payments could also be made through Dogecoin.
4) Twitter’s San Francisco headquarters to a homeless shelter
Musk, in a poll, asked users if the social networking firm’s San Francisco headquarters should be converted into a homeless shelter as not a lot of people were working there during the pandemic.
The poll gained over a million votes in less than a day, with more than 90 percent saying “yes.”
The poll even found rival Jeff Bezos’ endorsement.
Musk even created a poll to delete the ‘win Twitter’ with options ‘yes’ and ‘of course. Several of these tweets have been deleted since, but it is unclear why.
Musk had tweeted a poll asking if Twitter adhered to a free speech last month.
“Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?” he asked, “the consequences of this poll will be important. Please vote carefully.” Over 70 percent of users voted “No.”
He then asked if a new platform was needed as the poll results said Twitted failed to “adhere to free speech principles fundamentally undermines democracy.”
“Twitter has extraordinary potential. I will unlock it,” Musk said in a letter to the Chairman of the Board, Bret Taylor, after he made his offer to buy the company.