Earlier today, Elon Musk made it clear that he believes failed, one-term, twice-impeached former President Donald Trump should be allowed back on the Twitter social media platform.
“I do think it was not correct to ban Donald Trump, I think that was a mistake,” Musk said. “I would reverse the perma-ban. … But my opinion, and Jack Dorsey, I want to be clear, shares this opinion, is that we should not have perma-bans.”
Dorsey, Twitter’s cofounder and former CEO, tweeted Tuesday following Musk’s remarks that he does “agree” there shouldn’t be permanent bans on Twitter users. “There are exceptions … but generally permanent bans are a failure of ours and don’t work,” he said.
Everywhere you looked online, the lifting of the Trump ban was the BIG NEWS, but something else Musk said makes it sound like he’s not sure he’s going to actually purchase the company:
Musk may also be aware that he cannot pass muster with the federal agencies which must approve such massive business deals. Or perhaps he realizes that buying Twitter is not exactly the sort of thing he wants to spend $44 billion on.
Additionally, there are suggestions that Musk has had major financial reversals as a result of recent stock market losses and no longer has the cash in hand that he needs to complete the deal.
Whatever the actual reason, it sounds like Musk is now having second thoughts about such an enormous outlay, especially with the tech sector taking such a devastating hit in the market.
So is Musk in or out? At the moment, that’s a bigger question than whether or not Trump makes another appearance on Twitter.