On the same day that he offered to buy the social networking site, Musk took the stage at the TED stage to explain why he wants to own it.

Musk said that it was important that there was an inclusive arena for free speech. It is important that people have the perception that they are able to speak freely within the bounds of the law.

He outlined a few of the practical moves that he thinks should be made for that to happen. There is no behind the scenes manipulation of its algorithm or any actions that emphasize or de-emphasize people's tweets.

It would be miserable, Musk said, with everyone blaming him for everything.

It is important to the function of democracy to help freedom in the world. I think the more we can increase the trust of the public platform, the less civilizational risk will be.

Musk said the move is not about making money.

When asked about the problem of policing problematic content on the platform, Musk skipped the specifics, and again emphasized the importance of opening up Twitter's algorithm to the public. He said that the site of caution should be used when it comes to banning content.

He said that if there was doubt, let the speech exist.

If Musk succeeds in taking the company over, he said he would try to get rid of cryptocurrencies-related scam and the long-awaited edit button would be a priority.

You can see the whole thing and an excerpt from an upcoming interview with Musk below.