Musk’s $44 billion lesson in free speech
He comes with the best intentions, but the liberal elites are making him pay
Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. The U.S. Securities and Exchange Commission is denying allegations that it is violating Musk’s free speech rights by trying to enforce a 2018 ... more >
COMMENTARY
By Sean McCutcheon - - Tuesday, December 27, 2022
OPINION:
It did not take long for Elon Musk to realize just how expensive free speech can be. Less than two months after acquiring Twitter for $44 billion, the self-described free speech absolutist is searching for new investors and, even more notably, possibly looking to exit “stage left.” It remains unclear why Mr. Musk wanted to take Twitter in the first place. Did anyone expect the radical left to stand idly by while someone took away one of their favorite utopias?
As Mr. Musk took control of Twitter, the platform was little more than an echo chamber for leftist political elites. After banning former President Donald Trump and other conservative voices, the once robust marketplace of ideas devolved. It became predictable and boring and so obviously biased. The online playground for liberals may have been fun for a while, but most conservatives (myself included) after realizing fighting for a voice on Twitter was futile, simply gave up and left the platform for alternatives that embrace free speech.
Even before Mr. Musk’s purchase, many Twitter advertisers were reallocating resources and spending less. Confusion over how much engagement was real and how much came from “bots” may never be fully known. With advertising revenue declining, making Twitter profitable will be incredibly challenging. Unlike Mr. Musk, most want to know what they are paying for, and want to see real value for their investments.
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READ MORE: https://www.washingtontimes.com/news/2022/dec/27/twitter-owner-musk-comes-with-best-intentions-but-/
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