Elon Musk giving ‘serious thought’ to construct a brand new social media platform

Tesla Inc Chief Executive Officer Elon Musk is giving “serious thought” to constructing a brand new social media platform, the billionaire mentioned in a tweet on Saturday.

Musk was responding to a Twitter person’s query on whether or not he would contemplate constructing a social media platform consisting of an open supply algorithm and one that might prioritize free speech, and the place propaganda was minimal.

Musk, a prolific person of Twitter himself, has been vital of the social media platform and its insurance policies of late. He has mentioned the corporate is undermining democracy by failing to stick to free speech ideas.

His tweet comes a day after he put out a Twitter ballot asking customers in the event that they believed Twitter adheres to the precept of free speech, to which over 70% voted “no”.

“The consequences of this poll will be important. Please vote carefully,” he mentioned on Friday.

If Musk decides to go forward with creating a brand new platform, he can be becoming a member of a rising portfolio of know-how firms which are positioning themselves as champions of free speech and which hope to attract customers who really feel their views are suppressed on platforms akin to Twitter (TWTR.N), Meta Platform’s (FB.O) Facebook and Alphabet-owned (GOOGL.O) Google’s YouTube. learn extra

None of the businesses, together with Donald Trump’s Truth Social, Twitter rivals Gettr and Parler and video web site Rumble, have come near matching the attain and recognition of the mainstream platforms up to now.