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posted on Saturday that he is giving serious thought to creating a social media platform.
“Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” Musk further tweeted.Meanwhile, on Friday, he put out a Twitter poll asking users if they thought Twitter adhered to the principle of free speech. Over 70% of respondents voted"no".
"The consequences of this poll will be important. Please vote carefully," he said on Friday. He added that “free speech is essential to a functioning democracy."U.S. Securities and Exchange Commission . In August 2018, Musk posted what would seem like a harmless tweet announcing that he was considering taking Tesla private.
The 2018 tweet set off a chain of events that continued all the way in February of 2022 when new information about federal oversight was made public. The tweet claimed that Musk could take Tesla private with a stock value of $420 per share as the CEO had"funding secured" to buy the shares from everyone who didn't want to stay committed to the firm. This caused Tesla stocks to soar and then return to normal.
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