Elon Musk's Twitter Acquisition

Elon Musk's $44 billion acquisition of Twitter in October 2022 led to an 80% staff reduction, rebranding to X, and a 50% drop in advertising revenue within six months. This corporate upheaval sparked unprecedented public debate about free speech and content moderation, with Musk's platform seeing a 30% increase in hate speech posts. Compared to the chaos at #1's trial, this acquisition caused 50% more investor turmoil, with Tesla's stock price plummeting 11% the morning the deal closed.