In a recent development, President Joe Biden has pointed fingers at Elon Musk and the social media platform X for the proliferation of misinformation online. Biden expressed concern over how people rely on platforms like X for news without assurance of its accuracy. This adds to the ongoing tension between the U.S. government and independent social media outlets like X.
Some supporters of Elon Musk argue that X has played a pivotal role in exposing government propaganda, such as dispelling claims about COVID-19 origins and Hunter Biden's laptop. Since Musk took charge, there has been a struggle between his commitment to free speech on the platform and efforts to encourage citizen journalism. As a result, an increasing number of Americans are turning to X for what they perceive as a more truthful alternative to mainstream media.
It's worth noting that crypto proponents, including Binance CEO Changpeng 'CZ' Zhao, have supported Elon Musk's vision for X, with significant investments made in the platform. Despite these developments, X is on its way to profitability following a revamp under Musk's leadership.