Free speech advocate Elon Musk has bought a 9.2% stake in Twitter, according to a regulatory filing published Monday by the U.S. Securities and Exchange Commission. The stake makes Musk Twitter’s largest shareholder as Twitter co-founder Jack Dorsey holds just 2.25%.
In recent days, Musk — founder, CEO and Product Architect of Tesla, CEO and Chief Engineer at SpaceX, founder of The Boring Company, and co-founder of Neuralink and OpenAI — criticized the social network for stifling free speech and talked about creating a rival platform.
Ariel Zilber for The New York Post:
An SEC filing revealed on Monday that Musk — the world’s richest person with a fortune of more than $287 billion, according to Forbes — bought some 73.5 million shares of the company, which are worth an estimated $2.89 billion.
News of the acquisition sent shares of Twitter soaring by more than 25% in pre-market trading on Monday.
Musk has been raising questions about the ability to communicate freely on Twitter, tweeting last month about free speech and the social media platform.
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
Am giving serious thought to this
— Elon Musk (@elonmusk) March 27, 2022
Tech giants like Twitter, Facebook, Google, and Amazon have been accused by some conservatives and free speech advocates of banning users with unpopular views.
Then-Twitter CEO Jack Dorsey said last year that his company erred when it censored a New York Post article about Hunter Biden’s laptop in the weeks leading up to the presidential election.
MacDailyNews Take: Twitter is a myopic joke as it is currently run.
Hopefully Musk will be an agent of change for a platform that should, at this point, be considered a public utility that allows for all viewpoints to be openly discussed.
Elon Musk is a doer.
The doers are the major thinkers. The people that really create the things that change this industry are both the thinker and doer in one person. – Steve Jobs
Art and music, design and performance, opinion, fiction, provocation, are what we work to enable. That fills us with such a sense of pride as well as a deep sense of responsibility because we know that these freedoms require protection; not just the forms of speech that entertain us, but the ones that challenge us, the ones that unnerve and even displease us. They’re the ones that need protection the most. Unpopular speech, unpopular art, and unpopular ideas; speech that questions the people in power.
It’s no accident that these freedoms are enshrined and protected in the First Amendment. They’re the foundation of so many of our rights. We means we all have a stake, and a role, in defending them. This is a responsibility that Apple takes very seriously… We work to defend these freedoms enabling people around the world to speak up. — Apple CEO Tim Cook, accepting the Newseum’s 2017 Free Expression Award on April 18, 2017
The Internet has become as important as anything man has ever created. But those freedoms are being chipped away. Please, I beg you, open your senses to the will of the people to keep the Internet as free as possible… I don’t want to feel that whichever content supplier had the best government connections or paid the most money determined what I can watch and for how much. This is the monopolistic approach and not representative of a truly free market in the case of today’s Internet. – Apple co-founder Steve Wozniak for The Atlantic, December 21, 2010
A few more quotes:
• Whoever would overthrow the liberty of a nation must begin by subduing the freeness of speech. ― Benjamin Franklin
• To view the opposition as dangerous is to misunderstand the basic concepts of democracy. To oppress the opposition is to assault the very foundation of democracy. ― Aung San Suu Kyi
• Because if you don’t stand up for the stuff you don’t like, when they come for the stuff you do like, you’ve already lost. ― Neil Gaiman
• Censorship reflects society’s lack of confidence in itself. It is a hallmark of an authoritarian regime. – Potter Stewart
• Everyone has the right to freedom of opinion and expression; this right includes freedom to hold opinions without interference and to seek, receive and impart information and ideas through any media and regardless of frontiers. ― United Nations
• If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter. ― George Washington
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