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Thursday, May 2, 2024

Elon’s Twitter bid reopens censorship debate

Without a doubt, the biggest news of the last couple of weeks has centred around Elon Musk. It started with a tweet where he asked his followers if they thought that Twitter followed free speech principles. Over 2 million responded, with 70% indicating it didn’t, and some asked him to buy Twitter. A week or so later he purchased 9.2% of Twitter. This triggered a swathe of wild speculation. Elon then rejected an offer to sit on the board because this would limit his ability to purchase more stock. A week or so later he offered to buy all of the remaining Twitter shares for US$54.20 (1,840 baht) a share, above the current market price and well above pundits’ sell price only a little while earlier. The Left went crazy. The board started talking about introducing a financial…

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