American billionaire Elon Musk has become Twitter’s largest shareholder, buying 9.2% of the social network’s securities for $2.89 billion, according to CNBC.

Amid the deal news, Twitter shares rose 25%.

The acquisition followed Musk’s criticism of social media’s free speech policy.

“Given that Twitter serves as a kind of town square, failure to respect the principles of freedom of expression fundamentally undermines democracy,” he wrote.

Musk started a poll with the comment: “Do you think Twitter adheres strictly to this principle? [свободы слова]? More than 70% of the 2 million respondents who voted gave a negative answer.

Previously, Musk has repeatedly called on social network developers to open the source code of the algorithms that make up the site’s main feed.

He also “seriously thought through” the idea of ​​creating his own platform.

Recall that in January Musk criticized Twitter for integrating NFT.

That same month, the billionaire pledged to stop the rise of machines.

In March, Musk incorporated artificial intelligence into Tesla’s global strategy. Follow ForkLog AI on TikTok!