Last November, Twitter CEO Jack Dorsey resigned from the social media outlet after being pushed to do so by activist investors in the company. His replacement, Parag Agrawal, is an even more zealous proponent of censorship than Dorsey was. In a 2020 interview, Agrawal said he does not believe Twitter’s role is to be ‘bound’ by the first amendment.
Tesla and Space X CEO Elon Musk has been a proponent of free speech on social media and even proposed creating his own free speech alternative to Twitter and Facebook last week.
Musk posted a poll on Twitter asking his followers if the website adheres to free speech or not, and his followers overwhelmingly said Twitter does not. Many urged him to ‘buy’ the website.
Just days later, it appears that Musk listened to his follower’s advice and became the biggest shareholder of Twitter, owning 9.2% of the company.
The Gateway Pundit Reports–
Free speech is essential to a functioning democracy.
Do you believe Twitter rigorously adheres to this principle?
— Elon Musk (@elonmusk) March 25, 2022
“After considering building a social media platform, Tesla CEO and SpaceX founder Elon Musk has now become Twitter’s biggest shareholder after purchasing $2.89 billion worth of stake, according to a regulatory filing revealed on Monday by the Securities and Exchange Commission.
According to the SEC filing, Musk now holds a 9.2% passive stake in the social media giant. He owns 73,486,938 shares of common stock out of 800,641,166 Twitter shares. That means, Musk now owns nearly 10% of Twitter.
Twitter co-founder Jack Dorsey holds a 2.25% stake, according to Axios. Twitter shares surged about 26% in premarket trading after the news broke out that Musk bought Twitter shares.
This move comes after social media users told Musk to buy Twitter after he held a poll on the social media platform asking followers whether Twitter adhered to free speech or not.
In answer to his poll on free speech, over 70% of the more than 2 million voted said that Twitter does not adhere to free speech.”
Just an hour ago after news broke about Elon’s stock purchase, he only had this to say on Twitter.
Oh hi lol
— Elon Musk (@elonmusk) April 4, 2022