Elon Musk becomes largest Twitter shareholder after polling followers about free speech on the platform

On Monday, April 4, 2022, it was reported that Elon Musk recently bought a 9.2% stake in Twitter Inc (TWTR), making him the largest shareholder.

Screen Shot 2022-04-04 at 3.12.15 PM

The news comes after Elon Musk recently polled Twitter users about free speech on the platform and what should be done about it.

Musk told users on Friday, March 25 that “the consequences of this poll will be important. Please vote carefully.”

The poll had over 2 million votes with users overwhelming (70.4%) saying they believe Twitter does not adhere to free speech.

Musk then replied to the Tweet after voting had concluded asking users what should be done, “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?”

Musk also asked if a new platform was needed.

Many users responded that Musk should buy a stake in Twitter to affect change in the company.

After the responses, Elon Musk responded that he was “giving serious thought” to the possibility of building a new platform altogether.

Elon Musk has also discussed other aspects of Twitter as a company on his account.

Support Quality Journalism.

Independent journalism is important now more than ever. The role of journalists in our society is one of watchdogs. One cannot be a watchdog when they are on the government’s payroll. 

Make a donation today and support quality,  independent journalism. 

Share this story: