Elon Musk’s $44 Billion Acquisition: Why I’m Concerned

Annu Singh
4 min readNov 10, 2022
Photo by Nathan Dumlao on Unsplash

When the news of Elon’s new acquisition came out I couldn’t help but share some of my personal thoughts and concerns.

This acquisition is just another example of how big corporations are monopolizing our attention by purchasing our favourite apps.

Elon Musk Buys Twitter for $44 billion

Photo by Alexander Shatov on Unsplash

I’m concerned that Elon Musk’s $44 billion acquisition of Twitter could be a disastrous move for the social media company. Here are three reasons why:

1. Musk is known for his erratic behaviour and Twitter is a platform that amplifies voices.

2. Twitter is struggling to turn a profit and Musk has a history of burning through cash.

3. This deal could give Musk too much control over the public discourse.

What does this mean for indie developers?

As an indie developer, I am always concerned about the future of the industry. When a big company like Tesla buys a small company like SolarCity, it can have a big impact on the market.

I am concerned that this acquisition will make it harder for indie developers to compete.

SolarCity is a well-known name in the solar industry, and Tesla is a well-known name in the auto industry. These are two very different markets, but they are both competitive markets.

Tesla is a much larger company than SolarCity, and they have more resources. This could lead to them creating better products faster than smaller companies like mine can keep up with.

It could also lead to them using their size to bully smaller companies. For example, they could start selling solar panels at a loss just to put small solar companies out of business.

I don’t know what the future holds, but I am worried about what this acquisition means for indie developers like me.

Why is Musk Buying Twitter and is he going to revolutionise it?

Elon Musk is one of the most innovative and exciting entrepreneurs of our time. His companies, Tesla and SpaceX, are constantly pushing boundaries and changing the status quo.

So when it was announced that he was purchasing Twitter, many were excited at the prospect of what he could do with the social media platform.

However, I’m not so sure that this is a good thing. For one, Musk is known for being impulsive and erratic.

Just last week, he sent out a series of bizarre tweets that caused Tesla’s stock to crash.

If he’s in charge of Twitter, who knows what kind of havoc he could wreak?

Furthermore, Musk has a history of clashing with other tech moguls. He’s been vocal about his disdain for Mark Zuckerberg and Facebook and has even accused them of “destroying” democracy.

Given his combative personality, I worry that he might use Twitter as a weapon to attack his enemies and further destabilize the already fragile tech industry.

All in all, I’m not convinced that Elon Musk buying Twitter is a good thing. I think it could be disastrous for the platform and for the world of technology as a whole.

How can we persuade large companies like Google, Facebook, and Microsoft to give us the tools we need to succeed will they share more of their revenue with small developers rather than just licensing content?

There are a few things that we can do to persuade large companies like Google, Facebook, Microsoft et al to give us the tools we need to succeed.

Firstly, we can appeal to their sense of competition. If small developers are able to create successful products that compete with the large company’s offerings, it will show that the small developers are a viable force in the market.

This could pressure large companies to share more of their revenue with small developers in order to stay competitive.

Another approach is to try and form partnerships with these large companies.

If small developers can show that they are willing to work together and share resources, it may persuade the larger companies to do the same.

This could lead to more collaboration and innovation between the two groups, which would benefit everyone involved.

Finally, we can simply ask them nicely! It never hurts to try and build relationships with these big players in the industry.

If they see that small developers are passionate about their work and determined to succeed, they may be more likely to lend a helping hand.

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Annu Singh

A booming writer, trying to experience life & write a few words about it.