Elon Musk, the CEO of Tesla, a supporter of Liberal causes just purchased a 9.2 percent interest in Twitter, making him the company’s biggest stakeholder.
“Twitter shares worth up to $2.9 billion are owned by Musk, whose passive investment in the firm is valued at up to 73.5 million shares at the end of trading on Friday. As stated by Newsmax, “the shares are controlled by the Elon Musk Revocable Trust.”
The active Twitter user has amassed more than 80 million followers on the site since joining in 2009, and he has used the network to make various announcements, including teasing an impending go-private sale for Tesla, which has placed him in the crosshairs of regulatory authorities.” He, on the other hand, has been critical of the social media platform and its practices in recent months, claiming that the corporation is weakening democracy by failing to adhere to free speech values,” according to the news source.
Many social media users responded to the news, some Republicans expressing support for the action and others expressing displeasure with the decision.
Below are some of the tweets by top US congressional members;
Now that @ElonMusk is Twitter’s largest shareholder, it’s time to lift the political censorship.
Oh… and BRING BACK TRUMP!
— Lauren Boebert (@laurenboebert) April 4, 2022
Will the new majority shareholder return freedom of speech to Twitter?
It will require courage bc the regime is heavily investing in a certain industry and threats will undoubtedly come.
Yet the freedom of speech restored will enable us all to defeat them.@elonmusk
— Rep. Marjorie Taylor Greene (@RepMTG) April 4, 2022
.@ElonMusk is now the largest shareholder of Twitter.
Time to get this platform back to its former glory.
Step one – bring back President Trump!
Step two – give everyone who has been banned a second chance.
Step three – end all forms of political and other censorship.
— Errol Webber (@ErrolWebber) April 4, 2022
After putting up a poll asking his followers whether they thought Twitter did a good job of sticking to free speech ideals, Musk made the decision to shut down his service.
Free speech is essential to a functioning democracy.
Do you believe Twitter rigorously adheres to this principle?
— Elon Musk (@elonmusk) March 25, 2022
Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy.
What should be done? https://t.co/aPS9ycji37
— Elon Musk (@elonmusk) March 26, 2022
Over 2 million people voted in Musk’s poll, which found that 70% of users said they did not think Twitter was protecting free speech principles and rights.
In the sight of this, speculations are rising that he could effect real change in terms of making sure the likes of Our Great President Trump gets his twitter account back.
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