The ongoing antagonism between the Executive arm of the US government and independent social media platforms like Elon Musk’s X has been taken to a whole new level.
In an interview with ProPublica, an independent investigative journalism platform, President Biden, when asked what he thinks about Twitter/X and what Elon Musk has done to put guardrails against misinformation, said he has observed some fundamental changes in technology and in the way people actually source their news.
The President said people go on the interview to source their news and when they do, they have no notion whether what they are checking out for is true or not.
While this position remains the general disposition of most public leaders, especially for those with deep leanings to legacy media, many proponents and supporters of Elon Musk believe President Joe Biden’s words speak against the core impact that the X platform has made since the Tesla CEO finally took over.
One of X’s biggest users, Mario Nawfal pointed out that it was through the Elon Musk-owned social media platform that government propaganda including the fact that COVID-19 did not leak from a Lab in Wuhan. Besides this, X exposed the fact that Hunter Biden’s laptop does not exist; Ukraine is easily winning the war; and Russia influenced U.S. elections.
Since Elon Musk took over, there has been a tug-of-war between the billionaire’s commitment to freedom of speech on the platform, a positioning that has largely encouraged citizen Journalism in the past few months. While it is uncertain how the media landscape will shape ahead of the next election cycle, a growing number of Americans are leaning more towards getting the real truth from X than mainstream media.
At the time when Elon Musk was making the bid for the social media giant at the time, many crypto proponents showed support for Binance Exchange, through its CEO, Changpeng ‘CZ’ Zhao even going as far as investing the sum of $500 million in the company.
With this investment, commitment to freedom of speech, and a complete overhaul of the platform, the X platform is not notably returning to profitability.
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