The richest man on earth and tech ’s most tetchy chief operating officer , Elon Musk , became the braggart shareholder of Twitter last month , a societal internet he said was “ go wrong to adhere to barren speech principles . ”
Musk ’s new acquisition was made public in aSecurities and Exchange Commission filingreleased on Monday . The filing bring out that Musk , CEO of Tesla and SpaceX , bought roughly 73 million shares , or 9.2 % , of Twitter on March 14 . To put that into view , the social media internet ’s founder , Jack Dorsey , owns2.2%of company parentage . Musk ’s part are worth roughly $ 2.89 billion based on Twitter ’s closing price last Friday . The company ’s origin price rose 26 % on the news .
Dorseyseemed to respond to the news the same morning with mourning for a long - gone decentralized interpretation of the internet .
Photo: Britta Pedersen-Pool (Getty Images)
“ The days of usenet , irc , the web … even email ( w PGP) … were amazing . centralizing breakthrough and identity into pot really damage the net . I actualise I ’m partially to find fault , and regret it , ” the Twitter founder publish .
news show of Musk ’s purchase total after a weekend wheregossipswirled around the tech top executive . A spectator allege they saw Musk denied entry at the Berlin clubBerghain , infamous for its stringent and cryptical entry essential . Musk denied the assertion , protesting that he had “ pass up to enter . ”
Monday ’s disclosure brought renewed attention to Musk’sMarch 25 pollregarding the state of free speech communication Twitter , which was made after his purchase . He shout out Twitter “ the de facto public square . ”
“ Free oral communication is essential to a function democracy . Do you believe Twitter strictly adheres to this principle ? ” the tech mogul wrote in his poll parrot . He summate : “ The consequence of this poll will be significant . Please vote carefully . ”
Free speech is all important to a functioning democracy .
Do you consider Twitter strictly adheres to this principle ?
— Elon Musk ( @elonmusk)March 25 , 2022
Overall , the poll received a little over two million replies , with 70.4 % voting “ no ” and 29.6 % voting “ yes . ”
In response to the vote , on March 26 Musktweetedthat “ failing to adhere to free speech principles fundamentally undermines democracy . ” He then asked his followers what they believed should be done in the spot and whether a new program was demand .
Given that Twitter do as the de facto public township square , failing to bind to free actor’s line principles fundamentally undermines democracy .
What should be done?https://t.co / aPS9ycji37
— Elon Musk ( @elonmusk)March 26 , 2022
Considering Musk ’s obsession with Twitter — which he keep using even though it routinelygets him into troubleand makes himfork over millionsfor bad behavior — the leverage is n’t exactly surprising . What will be interesting , however , is what Musk decide to do with his contribution .
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