Elon Musk, CEO of luxury car maker Tesla, has become the platform's largest shareholder after questioning Twitter's freedom of expression policy.
According to the Associated Press, Elon Musk, who has 80 million followers on Twitter at the end of March, questioned Twitter's policy of free speech, saying "this platform is undermining democracy." '
The regulatory filing on Monday states that Musk bought the shares on March 14. This means that Elon Musk acquired the shares before launching his public talk on Twitter.
Despite this, Musk also hinted at launching a rival social media network over Twitter.
Elon Musk, himself an active Twitter user, has been critical of the policies of social media platforms.
He says Twitter is not upholding democratic values because of its failure to ensure freedom of expression.
Elon Musk's tweet came after he asked users in a Twitter poll, "Is Twitter upholding the principles of freedom of expression?" In response, 70% of the respondents said no.
Musk told his more than 80 million followers on Twitter that he was "seriously" considering building his own social media platform.
According to Reuters, if Elon Musk introduces a new social media platform, he will be included in the list of companies that present themselves as champions of freedom of expression.
Musk's move will draw the attention of users who believe that Twitter, Meta (Facebook's parent company) and Google suppress their views.
