Tesla and SpaceX CEO Elon Musk acquired a 9.3% stake in Twitter.Inc to become the platform’s biggest shareholder. He has been hinting at shaking down the social media industry for over a week.
Here’s how Elon Musk announced the news of him taking over Twitter:
Image ref:Â https://twitter.com/elonmusk/status/1511011921495011328?cxt=HHwWgMC5gcjVmPgpAAAA
Musk has been creating buzz around free speech on social media for weeks now. On October 22, a tweet was made from Elon Musk’s Twitter account, asking his 80 million followers whether Twitter adheres to the principles of free speech.
To which the majority said no. To this, Â Musk replied with a poll asking if a new platform should be made.
Here’s the popular thread from Elon Musk’s Twitter account that took the whole world by surprise.
Ref:Â https://twitter.com/elonmusk/status/1507259709224632344?cxt=HHwWsIC-iYiu7uopAAAA
Responding to his poll results, Elon Musk on Twitter mentioned that it is serving as the de facto public town square, failing to respect free speech principles fundamentally. Something should be done to resolve this.