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Batman buys Twitter

Elon Musk's purchase of Twitter stock, Board seat, appear to be a way for him to say, and do, what he wants

By: Editorial |
Updated: April 7, 2022 6:14:56 am
Elon Musk, Tesla, SpaceX, Twitter, Elon Musk purchase Twitter, Indian express, Opinion, Editorial, Current AffairsAs of late last month, Musk is Twitter's largest individual shareholder and an active member of its Board.

It is clear that Elon Musk, the billionaire founder of Tesla and SpaceX, fancies himself as a bit of a Bruce Wayne: Like Batman, he sees injustice when it affects him but does not seem to have a commensurate appreciation for the power and privilege that wealth affords him, more often than not playing victim. What he probably does not realise is that the apparent petulance, the vainglorious pride, behind his purchase of a large chunk of Twitter’s stock does not make him look like a superhero – but just a rich man trying to buy his way out of criticism and accountability.

As of late last month, Musk is Twitter’s largest individual shareholder and an active member of its Board. His recent history on the microblogging platform has been chequered at best. He has used his Twitter account — Musk has over 80 million followers — to question pandemic measures, call an explorer a “pedo” and perhaps most significantly, involve himself in disputes with US regulators over his tweets being used to raise the price of Tesla stock. To be fair, Musk is also an activist about larger issues. But more often than not, his activism seems self-serving: The last major political conflict he was engaged in was about billionaires being over-taxed.

Till recently, Musk was threatening to start his own social media platform — a la Trump — perhaps as a way to escape the criticism he has been facing. But why build when you can buy? Since his purchase of Twitter stock, he has floated polls on whether Twitter is biased and whether tweets should come with an “edit” option — the latter is reportedly being rolled out by the company. Some of these actions and updates may indeed be welcome. But the problem with Batman, even when he does catch the criminal, is that wealthy vigilantes can always make sure that the rules don’t apply to them.

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