SAN FRANCISCO – Over the past few weeks, Elon Musk has been making Twitter rude. On Thursday, he eventually acted as if he owned the company.
In an hour-long question-and-answer session with about 8,000 Twitter staff — for the first time, Mr. Musk has spoken to them since he struck a $ 44 billion deal to buy the social media company in April – the richest man in the world to talk about his plans for the service. In an effusive and sometimes tumultuous speech, he touched on issues such as growth, potential layoffs, anonymity, Chinese apps, and even the cosmic nature of Twitter.
“I want Twitter to help us better understand the nature of reality for a better and longer-lasting civilization,” Mr. Musk said in a virtual meeting that it was broadcast live to Twitter staff and heard by The New York Times. He added that the service is expected to help humans “better understand the nature of the universe as far as it can be understood.”
Meeting, Mr. Musk appeared from his cell phone in what appeared to be a hotel room, suggesting he was ready to close a highly successful deal. In recent weeks, his plans for Twitter have been in doubt. The millionaire who also runs the electric car maker Tesla and the rocket company SpaceX has repeatedly raised false questions about his Twitter accounts. This month, his lawyers said the company was refusing to provide information, an apparent excuse to try to end the purchase or renegotiate.
Sir. Musk, who offered a $ 54.20 share to buy Twitter, may change his mind after the global market crash. Twitter shares now sell for about $ 38. And the shares of Tesla, that is, Mr. They have also downgraded Musk’s main source of wealth.
In April, Mr. Musk agreed to buy Twitter without any responsibility. If it goes away it is in exchange for a $ 1 billion breach quota. Under the terms of the agreement, Twitter also has the right to sue forcing the purchase to proceed if the debt financing of the purchase remains the same.
Twitter has stressed that the deal is on track and that information is being shared by Mr. Musk.
In a statement issued Thursday, Mr. Musk did not directly address whether he would close the deal with Twitter. But he said he had big plans for the service.
In an interview moderated by Twitter marketing director Leslie Berland, Mr. Musk said the service was expected to grow so that it could be used by more than a billion people worldwide. It would be almost four times higher than those who use Twitter today. He added that Teslan was practical and hoped to do so on Twitter, and that he would be involved in the functions of the social media service.
“I hope they will hear me in this regard,” Mr. said Musk.
Sir. Musk responded to questions received by Twitter staff on Slack’s internal messaging system last week.
Some questions were about workplace culture, including distance work. This month, Mr. Musk sent notes to Tesla and SpaceX staff saying he expected to be in the office 40 hours a week. Twitter staff have been working remotely on the coronavirus pandemic.
At the meeting, Mr. Musk said he was open to Twitter employees who worked remotely, considering that software development was different than appearing every day to build cars every day. But he noted that the lack of participation in the office could help reduce the “spirit” and said he hoped people would be willing to join the office more in the future.
Sir. Musk directly ruled out whether the Twitter releases would be in his custody, even if his response was poor.
“Right now, the costs outweigh the revenue,” he said. “That’s not a great situation.”
Sir. Musk, a longtime Twitter user with more than 98 million followers, has long said he believes the company’s potential is underestimated. He added that he hopes to revitalize the service outside of public markets by taking over the private company and making significant changes to the way Twitter operates.
Within Twitter, some employees have had mixed feelings about Mr. Musk. Some have said they are concerned about his dark Twitter habits and policies, and are concerned that he would prefer to take a free look at the police platform. This has raised questions about the number of years Twitter has spent building its policy department.
Others Mr. Musk’s reputation as an innovator. When Twitter executives in the past set high financial and user performance goals but failed to achieve them, some employees said Mr. Musk can revitalize the company.