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An opinion piece published by Bloomberg on Monday claims that Tesla CEO Elon Musk could be “bad news” for free speech as the newest member of Twitter’s board of directors.
The column, penned by senior Bloomberg Opinion columnist and MSNBC political analyst Tim O’Brien, discusses Musk’s recent purchase of 9.2% of the company’s shares came in redhlily A week after the billionaire Twitter review Not adhering to freedom of expression. However, according to O’Brien, free speech advocates should be concerned that Musk cares less about endorsing the First Amendment, and more so by making the social media platform a “stub.”
Progressive activists, the media interact with Elon Musk’s Twitter
“I suspect there’s something more serious informing Musk’s decision to invest in Twitter, even if he enjoys the absurdity: maybe he wants to raise Twitter,” he wrote. “Does Musk want to acquire Twitter? I don’t think so. The company’s financials aren’t great, and managing social media companies is tough. Does Musk want to name some people on Twitter’s board of directors? Maybe. That’ll let him have a say in his affairs without spending Too much time or money.”
O’Brien argued that Musk, not motivated by money, is in it to “scare the Twitter management.”
“This is concerning because it is not ideal to have a freedom of expression absolute who never endorses free speech at the head of – or even close to – a – media company,” he wrote. Musk has already taken a major hit for his Twitter stake. Shares jumped 26% Monday after revealing his investment in a regulatory filing. He will stay longer, of course, and speculation that Twitter may be running further inflates his holdings.
“But it’s possible that Musk is not in this for the money. He is in it to make his point. He is in it to intimidate the Twitter management. Perhaps the person who has complained that his freedom of speech is ‘chill,’ perhaps, should be sensitive to those subtle differences”.
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The column, compiled by The Washington Post on Tuesday, finally caught Musk’s attention after tech entrepreneur Mark Andreessen posted on Twitter a screenshot titled “Elon Musk’s Twitter Investment May Be Bad News for Freedom of Speech.”
“WaPo is always good for a laugh,” Musk said sarcastically.