![Calm the [Moderated] Down About Twitter](https://i.headtopics.com/images/2022/5/1/slate/calm-the-moderated-down-about-twitter-1520633329116135424.webp)
Relax. Markets work.
Musk’s imagination transformed his breach of corporate governance, and regulators’ response to it, into a free speech. Ever since, he has seemingly conflated his plight with the plight of neo-Nazis and others barred from mainstream social media platforms for engaging in hate speech or for spreading dangerous disinformation.Donald Trump, himself a norm-defying victim of platforms’ nettlesome Inspectors Javert, draws inevitable comparisons.
Musk is a world-class troll, and he clearly enjoys trolling Twitter, so much so that he couldn’t stop doing it even when it was a condition of his joining the board earlier this month;. The market doesn’t seem to buy that Musk will close the deal: Twitter shares are trading well below his $54 offer price, and the decline in Tesla’s stock price runs the risk of turning what might have started as a trolling prank into a catastrophe for his core asset.
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