Elon Musk has suggested that his X social medial could face similar challenges in the U.S. as it did in Brazil if Kamala Harris wins the upcoming election.
What Happened: Musk voiced his concern on X. He said 2024 has witnessed unparalleled attacks on free speech and that the U.S. could experience the same if Kamala Harris and her running mate, Tim Walz, come to power.
In Brazil, the X platform encountered legal hurdles when Supreme Court Judge Alexandre de Moraes demanded the suspension of its operations.
This move was triggered after Musk reportedly declined to assign a legal representative in Brazil. Following threats to its staff, X declared on August 17 that it would close its office in Brazil.
Musk earlier accused de Moraes of infringing the Constitution by attempting to block accounts of supporters of ex-President Jair Bolsonaro.
Also Read: What A Second Trump Presidency Would Mean For Elon Musk And His Many Ventures
De Moraes launched an investigation into allegations that Musk utilized the X platform to disseminate disinformation and destabilize democratic institutions.
Why It Matters: The potential implications of this prediction are significant. If Musk’s predictions come to pass, it could mean a major shift in the landscape of social media platforms in the U.S.
The X platform, which has been a major player in the social media space, could face legal and operational challenges similar to what it experienced in Brazil.
This could impact the platform’s user base, revenue, and overall standing in the market. It also raises questions about the future of free speech and the role of social media platforms in political discourse.
Read Next:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.