Elon Musk's backers cheer him on, even if they aren't sure what he's doing to Twitter – NPR

elon-musk's-backers-cheer-him-on,-even-if-they-aren't-sure-what-he's-doing-to-twitter-–-npr

Twitter’s new owner Elon Musk at the 2022 Met Gala in New York City in May. Dimitrios Kambouris/Getty Images for The Met Museum/ hide caption toggle caption Dimitrios Kambouris/Getty Images for The Met Museum/ Twitter’s new owner Elon Musk at the 2022 Met Gala in New York City in May. Dimitrios Kambouris/Getty Images for The Met Museum/ Elon Musk’s acquisition of Twitter has not exactly taken off like a rocket. After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging. So he went through with it, while complaining that he was “obviously overpaying.” Mass layoffs and mass resignations have left Twitter a shadow of its former self. And Musk’s decision to put blue checkmarks — Twitter’s confirmation of a user’s identity — up for purchase has scared away advertisers, who provide nearly all of the company’s revenue. Now, despite committing to have a thoughtful process for content moderation decisions, he has let former president Donald Trump back on the site based on a Twitter poll. For Musk’s biggest backers, this turmoil feels familiar — and they’re hanging on for the ride. “I think none of this has gone to plan. Zero percent
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