Elon Musk, the world's richest man, recently bought a huge stake in Twitter, making him the biggest outside shareholder in the social microblog.
Elon Musk asked his followers on Twitter a few weeks ago whether the social platform follows the principle of freedom of speech, which is considered a cornerstone of democracy.The question was not a coincidence, as the outspoken businessman later revealed that shortly before asking the question, Elon Musk bought a 9.2 percent stake in Twitter, making him the company's largest outside shareholder. reported a Bloomberg. Interestingly, even the founder Jack Dorsey has only a 2.25 percent stake.
Musk uses Twitter regularly, although he has previously expressed his opinion that the social platform does not operate according to the principles of democracy. On the social platform, he also said that he was thinking of setting up his own site, where freedom of expression would prevail.
The billionaire businessman has become a board member since the acquisition and has since put an issue to a vote issued byon whether Twitter users want to Edit, i.e. Edited by button to edit the entries afterwards. This was shared by Parag Agrawal, the current CEO of Twitter, who added that the result would have consequences. Soon after, the social media company confirmed that it was working on the Edit button, although it denied that Elon Musk had influenced it.
