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I think the power accrued by the social media companies has been under-estimated by many people, and they are suddenly seeing them flex their power.
It makes me laugh that the GOP had four years to try and do something but they are totally out of touch. It's very clear that the big tech companies are left leaning and it wouldn't go well for the Republicans in the long term, but they didn't seem to care.
Will be interesting to see how Biden approaches it all.
I'm not commenting on the Trump situation at all, I'm highlighting the power that Twitter holds.
FWIW Trump has been spouting so much bullshit about stolen elections etc since November 6th and Twitter should have been censoring those tweets more strongly, and suspending him every single time he violated their TOS.