CNBC ran a story about how Biden officials are worried that former President Trump may return to Twitter following the Musk acquisition, including a statement from an unnamed Democratic strategist who stated, “I wouldn’t trust [Musk] with my daughter.”
“People within of Biden’s inner circle and Democratic strategists are concerned that misinformation will proliferate on Twitter after Musk takes over and ahead of the 2024 presidential election, which might pit Biden against Donald Trump in a rematch, these people said. According to a person familiar with the matter, former President Barack Obama is in the group of Biden allies who are concerned about Musk’s purchase of Twitter leading to a Trump comeback on the platform.”
“Now, Trump will utilize Twitter to inflict far more damage in order to regain power in 2022 and 2024, while Elon Musk has provided no indication that he will take action against him,” Mary Anne Marsh, a seasoned Democratic strategist, told CNBC.
“It’s not good” for the Democratic Party, according to one strategist close to some of the party’s major Silicon Valley megadonors.
“He’s a fantastic engineer and entrepreneur, but I wouldn’t put my daughter in his hands, much less the millions of people who rely on Twitter for news,” one strategist opined of Musk. The Democratic Party may be on the verge of losing both the Senate and House in the 2022 congressional midterm election.
Elon Musk announced this week that he has agreed to acquire Twitter for close to $44 billion.
“Twitter will be a privately owned entity following the closing of the transaction,” Twitter’s statement said. “Under the agreement terms, Twitter stockholders will get $54.20 in cash for each share of Twitter common stock that they own at the conclusion of the proposed transaction. The purchase price is a 38 percent premium over Twitter’s closing price on April 1, 2022, which was its last trading day prior to Elon Musk revealing his roughly 9% stake in the company.”