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Reason
Reason
Politics
J.D. Tuccille

Elon Musk's Twitter Stake Is Promising, but Not a Permanent Fix for Free Speech

As social media has devolved from a free speech zone to a censorious minefield (my take) or a cesspool of misinformation from which people should be protected (according to people who are wrong) or just a shitty-algorithm-driven mess (probably true), the standard response to critics has been: build an alternative! A fair number of alternatives now exist, some more successful than others. But now tech billionaire Elon Musk puts forward a new approach: buy a stake in an existing platform and champion a culture of free speech. This may well be a boon for open discourse in the short term, but a permanent cure for intolerance requires more.

"Elon Musk took a 9.2% stake in Twitter Inc. to become the platform's biggest shareholder, a week after hinting he might shake up the social media industry," Bloomberg News reported on Monday. Musk also gained a seat on the company's board of directors.

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