Main menu


White House Worries Elon Musk Deals Threaten National Security

featured image

Tesla CEO Elon Musk speaks at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway, on August 29, 2022.

Tesla CEO Elon Musk speaks at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway, on August 29, 2022.
Photograph: Carina Johansen / NTB / AFP (Getty Pictures)

Elon Musk plans to cut Twitter’s workforce by almost 75% after closing the deal to buy the social media company. Washington Post. And that says nothing about Musk’s plan to reinstate the accounts of far-right figures like former president Donald Trump.

The news comes like this Bloomberg News Musk is on track to actually close the deal and buy Twitter after months of backtracking and lawsuits. And best of all, President Joe Biden’s administration is said to be looking at the billionaire’s actions through both Starlink and Twitter, fearing that Musk’s friendship with autocrats could pose a threat to national security. Bloomberg News.

Musk told investors he was “clearly overpaying” for Twitter during the Tesla earnings call on Wednesday, but he believes he can turn it down after taking the company private. The billionaire had initially offered to buy the company for $44 billion, but tried to debunk claims that there were too many bots on Twitter. But that excuse didn’t stop in court after Twitter sued Musk to force him to seal the deal.

The deadline set by the court to close the deal is October 28, which is just a week away, and Bloomberg insists it will happen in a timely manner, citing unnamed “people familiar with the matter.” But some tough months are likely straight ahead, as Musk believes Twitter’s 7,500-strong workforce is too bloated. According to the Washington Post, Musk wants to lay off about 5,500 people.

Musk said he plans to double his Twitter revenue in just three years, while tripling the number of daily users the social media service receives. How does Musk plan to do this with such a small staff? The answer may lie in the text messages the billionaire shared and made public with tech investor Jason Calacanis. last month As part of Twitter’s lawsuit.

Calacanis filled Musk with numerous ideas to improve Twitter, including increasing the number of verified users, better benefits to paid users, and paying a “Creative Team” to publish content on Twitter first.

Calacanis also proposed a new requirement for Twitter employees to come to the office at least two days a week; something he believes will lead to about 20% of his workforce leaving voluntarily. Musk seemed extremely open to any ideas that Calacanis had put forward.

“If this works, would you like to be a strategic consultant?” Musk texted Calacanis 23rd April.

“100%” Calacanis replied. “Board member, consultant, whatever… you have my sword.”

The White House also worries that Musk’s business decisions could pose a risk to US national security, especially since his company SpaceX has received billions of dollars in funding from the US government. And while there are no signs that Musk’s Twitter deal or Starlink contracts are currently under national security scrutiny by the US Treasury, that could change quickly.

Why should the Biden administration be concerned that Musk could undermine national security? For starters, Musk’s affiliation with the Chinese Communist Party isn’t a great look. Musk recently suggested that Taiwan should hand over some democratic control to the Chinese Communist Party. officials in Beijing.

But Musk parroted Russian speeches about the war in Ukraine, suggesting that Ukraine should allow Vladimir Putin to retain a region of Crimea. The Russian autocrat was illegally annexed in 2014. More recently, Putin has taken over four more parts of Ukraine, and Musk has said he no longer wants to fund any Starlink satellite internet service in the war-torn country.. Musk billed Starlink as a type of charitable donation in Ukraine, but officially asked the Pentagon to do so. get tabbefore it reverses itself eagerly.

Musk’s work with Twitter also includes foreign investors, something the White House is concerned about given the amount of data the social media company has on Americans. Investors joining the Twitter deal with Musk reportedly include Saudi Arabian Prince Alwaleed bin Talal and Qatar’s Sovereign Wealth Fund.

Musk may welcome a national security review of the Twitter deal, something he frankly no longer wants to be a part of. After the Bloomberg story broke out late Wednesday, one Twitter user said it would be “hysterical for the government to stop Elon from overpaying for Twitter.” Musk responded with two emjois: Red 100 and crying-laughing.