Elon Musk will stop and look down while speaking at a press conference at SpaceX’s Starbase facility near Bokatika Village in southern Texas on February 10, 2022.
Jim Watson | AFP | Getty Images
Elon Musk said in a tweet on Saturday that he was “seriously thinking” about building a new social media platform. He didn’t share details about what a fictitious social media platform would look like or how it would work.
Tesla and SpaceX’s billionaire said after claiming that Twitter did not allow free speech.
On Friday, Musk tweeted. “If Twitter acts as a de facto public town square and doesn’t follow the principles of free speech, democracy is fundamentally undermined. What to do.” He asks if a new platform is needed. rice field.
In another Friday tweet, Musk said, “Freedom of speech is essential for democracy to work,” and questioned whether Twitter “strictly adheres to this principle.”
Twitter, this Claims to work on free speechDid not immediately respond to CNBC’s request for comment.
Regulatory scrutiny
Tesla’s CEO hates the fact that his tweets are being scrutinized by regulatory agencies.
Musk was summoned by the US Securities and Exchange Commission in November after asking Twitter followers if they should sell 10% of Tesla’s shares. Falling stock.
In February, Musk accused the SEC of “harassing” and made a calculated effort to “cool” the right to free speech.
He is trying to summon a subpoena, but the SEC said last week that “Musk’s subpoena is procedurally flawed and virtually worthless.”
Regulators told judges that Mask’s tweet about Tesla would continue to be a reasonable subject of government investigations, even if the court broke the 2018 agreement with the SEC. society.
Follow in the footsteps of Trump?
Musk is not the first person to abandon an established social media platform and set up its own platform.
Former US President Donald Trump Inaugurated February Truth Social as a member of the Trump Media & Technology Group. Trump has been banned from Twitter since January 2021.
Elsewhere, platforms such as Rumble, Parler, and Gettr have also been launched to seduce people from Facebook, Instagram, Twitter, and TikTok.
The parlor was removed from Apple’s App Store after allegations that it was used to incite violence during the January 6 riots. It was added again in April after the company adjusted it to better detect and mitigate malicious language.
Musk has declared in the past that he and his company are working on exciting products that are planned for years to come, but in many cases the proposed innovations will be realized within the predicted timeline. not.
For example, at Tesla’s Autonomous Day event in April 2019, Musk said there would be one million autonomous “Robotaxi” on the road in 2020. These robotaxis do not yet exist.
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