The world was left stunned after World’s richest person Elon Musk purchased 9.2 percent shares of the popular social media platformTwitter, becoming its largest shareholder and CEO.
Although the reasons for his purchasing the platform havent been disclosed yet, many are making speculations about Musk’s intention to fix Twitter’s censorship culture that has hindered freedom of expression via the platform.
Last month, the billionaire made a series of tweets contending Twitter’s free speech principles asking his followers what they thought should be done. He also made a poll in one of his tweets asking his followers if they thought the platform promoted free speech and 70 percent voted in disapproval.
Weighing in on the billion dollar purchase, RX Radio’s Daniel Omara during The Fatboy Show said that Elon Musk could have brought the highest shares of Twitter to promote more diverse opinions on the platform
“He could and that's what everybody is hoping for. It's why the shakeup was so wild. That's why it went up by 22 percent because people finally saw someone who agrees with the idea of free speech because what we've heard for the last years is the illusion of free speech where you're allowed to share your opinion unless it contradicts the narrative of 0.01 percent of the population. Its like how I've seen people being censured for being against Feminism and Transgender communities,” Daniel said.
Known for its elite audience, Twitter is a platform used to share strong intellectual ideas and debates. It also serves as an information tool by political leaders, renown business men and celebrities that it becomes the source of information for most trending news topics and conversations.
James Onen, the co-host of the Fatboy Show in conversation said that Elon Musk must have been strategic in purchasing Twitter. Since most debates and controversial opinions on different topics take place there, fixing it might streamline other social media platforms.
He said that sometimes people in the media can start up a mass Twitter campaign against a person/ idea or company, get a global trend going, tag the party involved and pressure it to take action against a particular action or issue and the victims would have to act in accordance to the will of this pressure.
“You've seen how all these companies are getting woke now, it's because of this Twitter stuff,” Fatboy told Danel. “There have been these Twitter storms that just cause people to cower out of fear and just relent to what these masses want them to do. But if it's been made a leveled playing field where all ideas have to be discussed equally, then I think it might change things,” he added.
Elon’s stake is estimated to have been 2.9 billion dollars on Friday and 3.5 billion on Monday after the spike in stocks had soared by 22 percent. Elon is an active and regular tweeter with over 80 million followers,much more than any other CEO in the world. He is also the head of two other multi-billion companies Tesla (TSLA) and SpaceX.
The Fatboy show is hosted by James Onen aka Fatboy, Olive and Sarah every weekday from 6am to 10am on RX Radio.