Elon Musk’s ‘Free Speech’ Tweet Attracts Crypto Community

As an experienced financial analyst, I see Elon Musk’s recent involvement with X (Twitter) and his support for free speech as an intriguing development. With a net worth surpassing $170 billion, Musk’s influence on the tech industry is undeniable. His suggestion of subscribing to X Premium to support free speech has garnered widespread attention from the cryptocurrency community.


Wealthy business magnate and visionary Elon Musk, the founder of X, formerly recognized as Twitter, and the head of Tesla, SpaceX, and numerous other emerging companies, has piqued the interest of the cryptocurrency world through a recent tweet.

The tech mogul proposed an uncomplicated approach for anybody to advocate for free speech on the X platform in his recent social media update. This idea was met with great excitement within the community.

Crypto community reacts to Musk’s tweet

In a tweet directed towards the community, Musk expressed that subscribing to the X Premium service on a monthly basis would be sufficient to uphold free speech. He gratefully acknowledged the support of X owners by subscribing to this service.

Subscribing to support free speech is much appreciated

— Elon Musk (@elonmusk) April 30, 2024

As an analyst, I’ve noticed a surge in user comments expressing confirmation of their existing subscriptions, as well as expressions of gratitude towards Elon Musk for acquiring X/Twitter and advocating for free speech worldwide.

As a crypto investor, I’ve noticed some concerns raised about X banning certain users without providing clear reasons or examples for their actions.

The owner of the XRPcryptowolf X account inquired from Musk if it was feasible to purchase X Premium using the Ripple-linked XRP digital coin instead.

Elon Musk: Tesla to invest $10 billion in AI training

According to an earlier report by U.Today, Elon Musk revealed through a tweet that Tesla, the leading electric car manufacturer founded by him, is planning to allocate up to $10 billion for artificial intelligence (AI) training in 2023. The company had already invested a significant amount, one billion dollars, in this area during the first quarter alone.

As a researcher studying the technology industry, I’ve come across the observation made by a prominent tech mogul. He stressed that for a company to thrive in this competitive landscape, they must be prepared to invest significantly and do so with great efficiency. In simpler terms, if a business can’t afford to allocate substantial resources and manage them effectively, it may struggle to keep up with the competition.

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2024-04-30 18:00