You're so close to getting it. So very close...
To being complete and utter bullshit.
"Read both sides of a story and make up their minds." Oh wow, you must not be at all familiar with the "bury them in lies and propaganda" strategy that's been running for the past... oh, at least 30 years. Either wise up or stop trying to pretend to be so stupid. Shutting the flow of lies to a trickle isn't censorship, it's flow control.
Twitter's applied the ToS inconsistently, all right. They should have been banning a lot of right-wing nutcases MUCH SOONER. But didn't. So there you are.
Nobody with a brain missed Elton's hypocrisy, it screamed from the rooftops. There's no concern for safety. They made shit up. Proof: Said journalists are back on Twitter just as fast as there were off it. There's no weight to it, just a capricious owner with poor emotional and impulse control.