We all know why he did it: because people wrote on and listened to twitter a lot, and he didn't like what they said. He wanted to control the conversation that was unfavourable to him.
Same thing Thiel is doing for political control: attempting to inherit the religious right from MAGA -perhaps on behalf of hos protegé. Thiel's plans will likely outlive the movement's leader and/or go beyond 2028, it's a race against time to establish his bona fides while the sun shines
How quickly we forget how censored twitter was before he bought it
About as quickly as he forgot “comedy is legal again” when people started criticizing him.