The problem is not that they are billionaires. But one is run by an obvious malignant narcissist, and the other is not.
One is responsible the other is not.
Here’s a very down to earth explanation of why Twitter after Musk became an ethical problem.
https://www.youtube.com/watch?v=y8zfgIgZ4c0
The legal process in USA is not trustworthy, it’s been shown time and again that USA punish people with extreme sentences to make an example of them. USA even tried to kidnap Kim Dotcom bypassing normal New Zealand procedure.
I have no particular sympathies for Kim Dotcom, but the way USA behaves in cases of “national interest” is scary.
Never forget Aaron Swartz! Who was driven to suicide, for copying data he had legal access to.
https://en.wikipedia.org/wiki/Aaron_Swartz