Fears have grown that the world’s richest man would remove the social network’s controls on hate speech – but can he really afford to?

Elon Musk is not buying Twitter to make more money: he’s doing it to help humanity.

In a message to advertisers last week, the world’s richest man said it was important to the future of civilisation to have a “common digital town square”. But bettering the species is going to cost money, given that Musk has paid $44bn for a social media platform to achieve that aim.

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