Angry at Twitter, Elon Musk revealed his intention to build his own social network

In a Twitter post on March 26, Musk answered users’ questions about whether he would consider building a new social networking platform using open source algorithms, prioritizing freedom. speech and limit media propaganda or not.

Although often active on Twitter, this South African billionaire has repeatedly criticized this social networking platform and its policies. He thinks the company is undermining democracy by not following the principles of free speech.

Earlier, Musk conducted a poll on Twitter asking users whether they believe the platform is following liberal principles. As a result, up to 70% of the votes said “No”.

“The results of this poll are very important, so people think carefully,” he said.

Musk’s move comes in the context of March 22, the US Securities and Exchange Commission (SEC) asked federal judges to tighten up Elon Musk’s posting on Twitter. Accordingly, the SEC said that the CEO of Tesla has not complied with settlement agreements since 2018, when posting on social networks without consulting lawyers.

Controversies with the SEC stem from a statement by the agency accusing Musk of misleading investors on August 7, 2018 on Twitter, when the billionaire claimed to “have secured funding” for privatization. Tesla, while the actual transaction has not been completed.

Tesla and Musk settled by resigning from the position of chairman of the company and paying a civil penalty of $ 20 million.

The decision to create a new platform will bring Musk to the list of tech companies that position themselves as “freedom champions” and hope that will appeal to users who are feeling overwhelmed. restricted on platforms like Twitter, Facebook, and YouTube.

So far, though, none of these companies, including former US President Donald Trump’s Truth Social, Rumble video network, and Gettr&Parler social network (which competes with Twitter), have been able to achieve this level. reach and popularity as mainstream platforms.

Vinh Ngo(According to Reuters)