Summary
In 2022, Elon Musk bought Twitter, now called X, for $44 billion. He changed its content moderation rules and restored some previously banned accounts. This move is discussed in Jacob Silverman's book, which explores Musk's impact on the social media site and his political interests.
Key Facts
- Elon Musk purchased Twitter for $44 billion in 2022.
- After buying it, Musk renamed Twitter to X.
- Musk changed content moderation policies, allowing some banned accounts back, including Donald Trump’s.
- He reduced the number of Twitter employees by more than half.
- Verified accounts, previously marked by blue checks, now require a subscription fee.
- Musk's changes enabled accounts to earn money based on the number of views their posts received.
- The purchase and changes are discussed in Jacob Silverman’s book, which examines Musk's influence in Silicon Valley and his political motivations.
