During the first few months of the year, Musk spent over $2 billion on the social media site.
He now holds over 9% of the company's stock in his portfolio. Musk was appointed to the company&s board of directors this week, and that kind of investment comes with perks.
Musk replied with a promise to make significant improvements to the platform in the coming months. Musk changed his investment designation to clarify that he is more than just a passive investor, but one who intends to impact the way the company is run.
So, what is Musk going to do at Twitter?
We don't know Musk's intentions as a board member, but we expect him to propose four ideas in the coming months.
—Elon Musk (@elonmusk) March 26, 2022
Musk has referred to it as the de factor public town square of the modern era, the digital equivalent of a public forum.
He was critical of the decision to permanently ban Donald Trump from the site, following the attempted insurrection at the US Capitol building.
A lot of people are going to be unhappy with West Coast high tech as the defacto arbiter of free speech, Musk said in response to the Christian Conservative satire publication The Babylon Bee.
It seems like Musk will push for looser moderation at the micro-blogging site.
At his satellite internet startup, Starlink, he refused requests from some governments to block news broadcasts from Russia.
He said that they would not do it unless they had to.
—Elon Musk (@elonmusk) March 24, 2022
Musk has raised a point about the role of social media in society. He asked his followers last month if they thought the social networking site should be an open source project.
The idea is tied to his feelings on free speech.
Musk said to one follower that he was worried about the de-facto bias in the social networking site.
Musk uses his personal use of social media more than anything else. He has previously stated that he wants to get rid of the fake Musk accounts on the internet.
The most annoying problem with using the service is the spam problem. He asked how long it would take for the issue to be solved in February.
Musk is in favor of the edit button.
He supports the hope that one day a function will be added to the service that will allow users to fix basic spelling errors or mistaken links immediately after posting. His 80 million followers overwhelmingly supported adding the function in a poll he ran last month.
This week, the company said that it has been working on the function for a while.
Ben Gilbert, senior correspondent for Insider, can be reached via email at bgilbert@insider.com. Sources can be kept anonymous. You can use a non-work device to reach out. Please only email PR pitches.
All Rights Reserved © 2024
