Bloomberg oped claims Elon Musk Twitter takeover ‘bad news’ for free speech, Musk responds

A Bloomberg op-ed revealed on Monday statements Tesla CEO Elon Musk could be “poor information” for free speech as the latest member of the board of directors at Twitter.

The column, penned by Bloomberg Impression senior columnist and MSNBC political analyst Tim O’Brien, talked about Musk’s recent purchase of a 9.2% stake in the enterprise, which came roughly a week soon after the billionaire criticized Twitter for a absence of determination to cost-free speech. Having said that, in accordance to O’Brien, free speech advocates really should be fearful that Musk cares fewer about upholding the 1st Amendment, and extra about bringing the social media platform “to heel.”

PROGRESSIVE ACTIVISTS, MEDIA PUNDITS Respond TO ELON MUSK’S TWITTER TAKEOVER

“I suspect there’s some thing far more severe informing Musk’s final decision to devote in Twitter, even if he revels in buffoonery: It’s possible he desires to carry Twitter to heel,” he wrote. “Does Musk want to choose over Twitter? I really don’t consider so. The company’s financials are not excellent, and functioning social media corporations is difficult. Does Musk want to identify some people to Twitter’s board of directors? Probably. That would allow for him to have some say above its affairs without having shelling out also substantially time or revenue.”

O’Brien argued that Musk, not inspired by funds, is in it to “scare Twitter’s management.” 

“That is worrisome mainly because it can be not ideal to have a absolutely free speech absolutist who isn’t certainly in favor of free speech at the helm of — or even near to — a media firm,” he wrote. “Musk has currently been given a great pop on his Twitter stake. The shares jumped 26% on Monday immediately after his investment was disclosed in a regulatory filing. He’ll stick about for a longer time, of system, and speculation that Twitter might be in play will further inflate his holdings.

“But Musk most likely isn’t in this for the revenue. He’s in it to make a point. And he’s in it to scare Twitter’s management. Any person who has complained that his free speech is getting ‘chilled’ ought to, possibly, be sensitive to people nuances,” he additional. 

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The column, which was aggregated by the Washington Submit on Tuesday, at some point caught Musk’s notice following a screenshot of the headline ‘Elon Musk’s Twitter Investment decision Could Be Poor Information for Totally free Speech’ was posted on Twitter by organization tech entrepreneur Marc Andreessen.

“WaPo usually excellent for a laugh,” Musk quipped.