According to U.Today, Elon Musk, the centibillionaire and innovative entrepreneur who owns X (formerly known as Twitter), and runs Tesla, SpaceX, and several other start-ups, has recently caught the attention of the cryptocurrency community with a tweet. In his social media post, Musk proposed a straightforward method for supporting free speech on the X platform, which was met with enthusiasm by the community.
Musk suggested that to back free speech, one could simply pay a monthly subscription fee for the X Premium service. He expressed his appreciation for those who choose to subscribe. Many users responded to Musk's tweet, confirming their subscription to the service. Some thanked Musk for his acquisition of X/Twitter and his support for global free speech. However, some users pointed out that X continues to restrict some users from expressing their thoughts, without providing specific examples. The owner of the @XRPcryptowolf X account queried Musk about the possibility of paying for X Premium using the Ripple-affiliated XRP coin.
In other news, Musk announced that Tesla, the electric car manufacturing giant, plans to invest $10 billion in AI training this year. This follows a $1 billion investment in the first quarter. Musk emphasized that companies unprepared to make such substantial investments with high efficiency would struggle to remain competitive in the field.