On Monday, tech entrepreneur Elon Musk paid $44 billion for a 100 percent share in Twitter.

While the Tesla creator has been successful in acquiring the social networking site, a number of well-known celebrities have expressed their opinions, with some stating that they will be deactivating their accounts.

Musk’s recent takeover of Twitter, according to Hollywood actress Cate Blanchett, is’very hazardous.’

The Don’t Look Up actress briefly discussed her thoughts on the topical subject while attending the Chaplin Award Gala in New York on Monday.

She told Variety, “It’s scary.” “That’s all I’ve got to say about it; it’s really risky.”