What Elon Musk planning with Twitter

The saga around Elon Musk and the social network Twitter is not fading, and many are asking what exactly this man would like and could do with such a social network. 

The phrase "freedom of speech" has been repeated so many times that it is slowly starting to lose its meaning, and it seems that Elon Musk no longer insists on it so much. 

Unfortunately, that does not give us a better insight into what exactly is rolling behind the hill that represents the still unfinished acquisition of this social network. 

At a price of 45 billion dollars, it is certain Elon Musk expects to earn. But how exactly, it is still unknown to us, or at least it has been so far. 

According to the well-known media house Reuters, which cites three sources that follow the events surrounding the acquisition of this social network, it is estimated that Elon Musk will take several steps that would enable him further financing by some banks. 

So, his plans could be the following: 

The first and foremost plan is to reduce the current costs that Twitter makes. For a start, when this social network becomes privately owned, Musk, will no longer need six-figure salaries for board members. 

Elon Musk also plans to reduce the compensation for the company's shares from the current 30 percent after it becomes privately owned. 

It is also planned to reduce the operating costs of this social network. When compared to the social network Facebook, the operating costs of this company are significantly higher, so additional savings are planned in this field. 

According to the Bloomberg portal, a number of workers are expected to be laid off in order to reduce costs. 

Monetizing high-profile tweets is also being considered. This would be done by, for example, charging sites that want to post that tweet as part of the news they write. 

Elon Musk will also try to attract even more celebrities to use this social network to increase its relevance to users. 

According to a tweet that Musk later deleted, it was also planned to reduce the subscription price for the premium Twitter experience called Blue, as well as to introduce the possibility of paying for this service in cryptocurrencies.

Eventually, Elon Musk could replace the current head of the company, Parag Agrawal. What will happen from all this is still unknown, but it is certain that there will be some big changes that will be very interesting to watch.