Elon Musk says he is critically contemplating creating a brand new social media platform - CayPress

Sunday, March 27, 2022

Elon Musk says he is critically contemplating creating a brand new social media platform


Musk’s tweet follows criticism of Twitter, where he claimed the platform doesn’t allow for free speech.

“Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” Musk tweeted Friday. “What should be done?”
Elon Musk accuses the SEC of illegally leaking details of its Tesla investigation

He then asked if a new platform is needed.

A 2018 agreement with the Securities and Exchange Commission requires that Musk gain pre-approval from other Tesla executives prior to posting tweets about the company.
After Musk asked his Twitter followers in November if he should sell a 10% of his stake in Tesla, the electric vehicle company received a subpoena from the SEC because the poll question triggered a stock selloff — which the CEO has called “harassment.” .

Earlier this week, in response to Musk challenging the subpoena, an SEC regulator urged a federal judge to allow his tweets to continue to be scrutinized.

“Musk’s motion to quash is procedurally defective and substantively meritless,”…



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