The nerds over at Wikipedia define a conspiracy theory as:
A conspiracy theory is an explanation for an event or situation that asserts the existence of a conspiracy by powerful and sinister groups, often political in motivation, when other explanations are more probable. The term generally has a negative connotation, implying that the appeal of a conspiracy theory is based in prejudice, emotional conviction, or insufficient evidence.
A deeper dive into the Twitter files shows that the Federal government was sending so many requests for censorship to Twitter that the company was having to triage the requests. Twitter was receiving requests from more than 80 agencies- everyone from the DOD to the FBI.
This wasn’t a few rogue employees. This was a coordinated effort by hundreds of employees of dozens of federal agencies to influence the election. At this point, you can consider all branches of government to be suspect: Local and Federal agencies all working together to put their thumb on the scale.
There is more than enough evidence here to show that this was not just some conspiracy that exists only in the minds of paranoid wearers of tin foil hats. This did happen and is happening. Our nation is no longer a republic with democratically elected representatives.