Elon Musk's $44B Twitter Purchase Saved American Free Speech, Says Patrick Bet-David: 'You Have To Give Credit To Capitalism'

Patrick Bet-David, a prominent entrepreneur and PBD podcast host expressed strong views on the major role played by capitalists like Elon Musk and Spotify’s Daniel Ek have played in safeguarding freedom of speech online.

What Happened: In a recent show on Tucker Carlson’s podcast, Bet-David argued that their actions have directly contributed to a more open environment where Americans feel freer to express their thoughts and opinions.

Bet-David specifically praised Spotify’s Daniel Ek for his defense of Rogan, describing it as a monumental decision that has had a profound impact on the discourse surrounding free speech.

“I think what Daniel Ek did with Spotify, defending [Joe] Rogan was monumental,” Bet-David emphasized, signaling the importance of protecting content creators from censorship.

See also: OpenAI Unlocks Custom GPTs, Vision And Data Analytics For Free Users: Here Are Our Top 5 Picks

Bet-David highlighted Elon Musk’s $44 billion acquisition of Twitter as a pivotal moment that has reshaped the American social and political landscape. “If Ek doesn’t do what he does, [and] he fires Rogan. If Elon never buys Twitter, this is not the same America,” he remarked. Musk buying Twitter, according to Bet-David, has prevented a slide into censorship and maintained a space where varied opinions can coexist.

Bet-David also noted that these actions have created a ripple effect behind the scenes, leading to strategic decisions aimed at avoiding overly punitive measures against influential figures on these platforms.

“There’s been also good moves behind closed doors where people are sitting there and saying, okay, all right, if we act up and we give strikes for everything and we lose these guys, people have a place to go to on Spotify, and they have got a place to go to on X,” he explained.

Why it matters: While Bet-David lauds Musk for championing free speech through his acquisition of Twitter, Musk’s past actions do complicate this narrative.

For instance, Musk’s move to buy Twitter was partially driven by his annoyance with the @ElonJet account, which tracked his private jet movements. Upon acquiring Twitter, one of Musk's first actions was to suspend the account, contradicting his proclaimed dedication to free speech.

Additionally, Musk has faced criticism for trying to silence dissenting voices. In one instance, he responded to critical comments by actor James Woods over platform policy changes with a dismissive “Then delete your account.”

Similarly, when Twitter complied with Turkish government requests to censor content ahead of elections, Musk defensively rationalized the decision, which raised questions about his commitment to free speech ideals.

Read next: Elon Musk Mocks Steve Jobs, Agrees Apple Could Be ‘Light Years’ Ahead Of Competition If It Embraced Open Source: ‘Cultural Legacy’

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!