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A Bloomberg op-ed published on Monday statements Tesla CEO Elon Musk could be “bad information” for free speech as the most recent member of the board of administrators at Twitter.
The column, penned by Bloomberg View senior columnist and MSNBC political analyst Tim O’Brien, reviewed Musk’s current obtain of a 9.2% stake in the enterprise, which arrived roughly a week just after the billionaire criticized Twitter for a deficiency of determination to no cost speech. Having said that, in accordance to O’Brien, free of charge speech advocates must be concerned that Musk cares a lot less about upholding the Very first Modification, and extra about bringing the social media platform “to heel.”
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“I suspect there’s a little something much more major informing Musk’s decision to spend in Twitter, even if he revels in buffoonery: Possibly he needs to bring Twitter to heel,” he wrote. “Does Musk want to consider in excess of Twitter? I really do not assume so. The company’s financials aren’t excellent, and functioning social media companies is really hard. Does Musk want to identify some persons to Twitter’s board of administrators? Perhaps. That would allow for him to have some say in excess of its affairs without having investing also a lot time or revenue.”
O’Brien argued that Musk, not motivated by cash, is in it to “scare Twitter’s administration.”
“Which is worrisome simply because it can be not excellent to have a free of charge speech absolutist who isn’t totally in favor of cost-free speech at the helm of — or even shut to — a media organization,” he wrote. “Musk has previously obtained a great pop on his Twitter stake. The shares jumped 26% on Monday soon after his expenditure was disclosed in a regulatory filing. He’ll adhere around for a longer time, of program, and speculation that Twitter may possibly be in perform will additional inflate his holdings.
“But Musk likely isn’t in this for the income. He’s in it to make a point. And he’s in it to scare Twitter’s management. Any individual who has complained that his cost-free speech is staying ‘chilled’ must, maybe, be delicate to all those nuances,” he extra.
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The column, which was aggregated by the Washington Publish on Tuesday, ultimately caught Musk’s focus right after a screenshot of the headline ‘Elon Musk’s Twitter Investment Could Be Bad Information for Free Speech’ was posted on Twitter by business enterprise tech entrepreneur Marc Andreessen.
“WaPo constantly good for a giggle,” Musk quipped.