Elon Musk is thinking about creating a new social networking platform

Elon Musk, CEO of Tesla Inc (TSLA.O), is seriously considering creating a new social media platform, the billionaire tweeted on Saturday.

Musk was answering a Twitter user’s question about whether he would consider creating a social media platform that would consist of an open-source algorithm that prioritized free speech and where propaganda would be minimal.

Musk, himself a prolific Twitter user, has recently criticized the social media platform and its policies. He said the company was undermining democracy by not adhering to the principles of freedom of speech.

His tweet came a day after he posted a Twitter poll asking users if they believed in free speech, with more than 70 percent voting no.

“The consequences of this poll will be important. Please vote carefully,” – he said on Friday.

If Musk decides to continue building the new platform, he will join a growing portfolio of technology companies that position themselves as freedom of speech advocates who hope to attract users who feel their views are suppressed on platforms such as Twitter, Meta Platform’s Facebook, and YouTube, owned by Alphabet (Google).

None of the companies, including Donald Trump’s Truth Social, Twitter rivals Gettr and Parler, and Rumble’s video site, have yet come close to the level and reach of major platforms.

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