The digital town square is undergoing an unexpected shake-up with Elon Musk taking a nine percent majority stake in Twitter. Ramifications will be felt on both sides of the political divide through the midterm elections and beyond.
Musk is among the richest people in the world. Forbes lists his worth as more than $287 billion. As for size , Twitter’s market capitalization was valued at just over $31 billion the Friday before Musk’s news. A few hours after Musk bought his shares , the company’s market cap rose to over $38 billion. And this is just on the news of his purchase, before any anticipated changes at the company.
Elon Musk , a regular user of Twitter himself , has grown frustrated with the platform’s propensity to manipulate the narrative.
On March 26th, Musk Tweeted , “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?”
Clearly, he’s not happy with the company’s pattern of censorship, of manipulation , of serving the leftist ideology.
To be sure , it’s probably a mistake to presume Musk is a conservative , at least in a traditional sense. But he does give an indication that he appreciates the American dream , what it has done for him and so many others. He knows that freedom of speech is the cornerstone to achieving that dream.
Wall Street will be watching to see if Musk , who is now on the Twitter Board of Directors , takes an activist role in shaking up the Twitter management team , its policies and protocols , and its algorithms that limit freedom of speech.
A major symbolic statement would be to return Donald Trump’s Twitter account to him , and then to return to other users their accounts which have been suspended …
This is very interesting ! … Hit the link below to read the entire article …
Source: Elon Musk Throws Down the Gauntlet on Twitter – American Thinker
themorb.wordpress.com 