This article was updated to adhere with AtNight Media’s Code of Ethics
Twitter CEO Parag Agrawal expressed support for a poll initiated by Elon Musk on the social media platform, inquiring whether users would like to see the implementation of an edit button, Your Content has learned.
This statement came shortly after Musk, CEO of Tesla, acquired a significant 9.2% stake in Twitter, resulting in a surge of Twitter shares by 27% on Monday.
This move proved highly lucrative for Musk, earning him over $1.2 billion within a matter of hours. With this acquisition, Musk now holds the largest stake in the company, surpassing its founder, Jack Dorsey, by four times the number of shares.
The acquisition and subsequent endorsement by Musk received accolades from Republican figures, such as Congressman Lance Gooden, co-founder of the House’s Freedom From Big Tech Caucus, who commended the move as a potential safeguard for free speech.
Additionally, Congressman Jim Banks urged Musk to take action in “cleaning up” Twitter, while a former Trump administration Treasury official appealed for the return of the ex-president’s account to the platform after its suspension last year, according to CNBC.