In response to Elon Musk’s purchase of Twitter, Democratic lawmakers are contemplating bringing the world’s richest man before congress for questioning.
This news comes after Elon Musk entered into an agreement to purchase Twitter for $54.20 a share, which amounts to a 38% premium for current shareholders.
The left’s response to Musk’s purchase has been dramatic, with many saying he will allow “misinformation” to spread on the platform. However, the right has celebrated Musk’s purchase, labeling the development as a positive for those who value the First Amendment.
Elon Musk purchasing Twitter is the biggest development for free speech in decades.
There is a reason why Big Tech liberals want to silence conservatives – they know that freedom and free enterprise wins! pic.twitter.com/Pb7WH4lLqD
— Senator Ted Cruz (@SenTedCruz) April 27, 2022
In response to a question posed by Bloomberg, Senate Commerce Chair Maria Cantwell (D-WA) said, “We’re thinking about [questioning Musk].”
The Senate Commerce Committee has a history of questioning leaders of prominent social media networks, including Facebook, Twitter, and Google.
A member of the Commerce Committee, Senator Ed Markey (D-MA) said of Congress’ role in determining the values and content moderation policies of a private social media companies, “It’s a technology which is central to democracy and our economy and it is important for the representatives of the American people to hear what the new owners intend on using that technology to accomplish. We have to understand the censorship or lack thereof, content moderation or not, that is going to be the policy for the new owner.”
He went on to say, “In terms of what the values are that this company is going to be creating for the new Elon Musk Twitter world, I think that’s actually a necessary role for Congress to play.”