Musk seeks to soothe critics with Twitter content panel

San Francisco, United States - Twitter formally became the private property of Elon Musk on

Friday, steering the social media giant down an uncertain path under the stewardship of one of its most vocal critics.

Scrutiny quickly turned to how the platform will operate under a self-proclaimed free-speech absolutist who some users fear will turn Twitter into a global stage for hate speech and disinformation.

In a nod to such concerns, Musk's first policy act was to tweet that he will form a "content moderation council" embracing "widely diverse viewpoints".

"No major content decisions or account reinstatements will happen before that council convenes," he said.

Musk's sealing of the onagain, off-again Us$44bn deal ended a months-long soap opera of corporate chicanery, involving insults, threats and lawsuits.

"The bird is free," tweeted the billionaire Tesla founder and space pioneer in reference to the company's logo. "Let the good times roll."

The deal drew contrasting reactions, with former US president

Donald Trump cheering the change of leadership on a platform that had banned him, while activists warned of a surge in harassment and misinformation.

European politicians were quick to signal to Musk that the continent had regulations for social media companies.

"In Europe, the bird will fly by our rules," tweeted Thierry Breton, the EU internal market commissioner.

Musk had vowed to dial back content moderation and was expected to clear the way for Trump to return to the platform.

The then-president was blocked over concerns he would ignite more violence like the 2021

deadly attack on the US Capitol to overturn his election loss.

Taking to his own Truth Social platform, Trump said he was

"very happy that Twitter is now in

sane hands" - but gave no commitment to rejoin if allowed.

Far-right users were quick to rejoice at Musk's ownership, posting comments such as "masks don't work" and other taunts, under the belief that moderation rules would now be relaxed.

‘A huge responsibility’

Yale University philosophy professor Jason Stanley, who has characterised Trump's rise as a sign of mounting fascism in the United States, said he would alter his approach to posting.

"For the moment I am staying on Twitter. But I am going to try to be much more careful about what I say now that Elon Musk is in charge. Cascading hate speech targeting can destroy your week," he said.

Musk reportedly fired Twitter chief executive Parag Agrawal and other senior officials - though the company did not reply to a request for comment and Agrawal still listed himself as CEO in his Twitter profile.

But Ned Segal, Twitter's chief financial officer since 2017, announced his departure.

"At its best, Twitter democratises communication and knowledge, ensuring accountability and equal distribution of info," Segal said.

"It's a huge responsibility for everyone that shares in the work. I wish them strength, wisdom

and foresight."