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Business News/ News / World/  Elon Musk calls Twitter ‘world’s largest non-profit’, asks users to ‘prepare to be disappointed’ by new update

Elon Musk calls Twitter ‘world’s largest non-profit’, asks users to ‘prepare to be disappointed’ by new update

Elon Musk's tweet has gotten 36 million views and around 380,000 likes.

FILE PHOTO: Tesla founder Elon Musk attends Offshore Northern Seas 2022 in Stavanger, Norway August 29, 2022. NTB/Carina Johansen via REUTERS

Elon Musk, known for his controversial comments, has just called Twitter “world’s largest non-profit". As usual, his tweet has gotten a massive response as it has gotten 36 million views and around 380,000 likes.

“Say what you want about me, but I acquired the world’s largest non-profit for $44B lol," Musk wrote. When American video game designer Derek Smart responded, “Now open source it, then we'll be truly impressed", Musk was quick to reply. “Prepare to be disappointed at first when our algorithm is made open source next week, but it will improve rapidly!" the Twitter CEO wrote.

One of the users thanked Musk as being “the only person in the world who could have returned free speech to the world’s most important platform". “But saving Free Speech and Truth is priceless," wrote another user.

Also Read: Twitter deploys new code to ‘force-feed’ Elon Musk’s tweets to users

Twitter has the potential to make money “if only most of the users were replaced with non annoying people", Dogecoin creator Billy Markus, known on Twitter as Shibetoshi Nakamoto, said.

Financial adviser Ankur Warikoo, known for sharing funny memes from his official accounts, responded to Musk calling Twitter “world’s largest non-profit" by sharing a meme featuring Akshay Kumar. In the meme, Akshay’s celebration gradually turns into tears.

Musk’s comment comes shortly after attorneys for a Tesla shareholder asked a Delaware judge to void a 2018 pay package given to CEO Elon Musk by the organisation's board of directors that might be worth more than $55 billion.

Also Read: Elon Musk: Tesla’s main competition will come from China

The compensation package, according to the shareholder's attorneys, should be thrown out because Musk dictated it and forged agreements with directors who were not impartial to him. They further claim that false and deficient information in a proxy statement led shareholders to approve it.

Twitter users received an ultimatum from Twitter on February 19 as they were asked to subscribe to the platform's new premium service or lose two-factor authentication. Users who don't pay $8 a month and subscribe will be locked out of their accounts starting on March 19 until they disable the security feature.

Here’s your comprehensive 3-minute summary of all the things Finance Minister Nirmala Sitharaman said in her Budget speech: Click to download!


Sounak Mukhopadhyay

Sounak Mukhopadhyay, who also goes by the name Sounak Mukherjee, has been producing digital news since 2012. He's worked for the International Business Times, The Inquisitr, and Moneycontrol in the past. He's also contributed to Free Press Journal and TheRichest with feature articles. He covers news for a wide range of subjects including business, finance, economy, politics and sports. Before working with digital news publications, he worked as a freelance content writer.
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