Topline
Twitter suspended the account monitoring the whereabouts of the non-public jet belonging to its billionaire CEO and proprietor Elon Musk on Wednesday—only a month after Musk promised the account was protected.
Musk’s two-month tenure as Twitter CEO has been eventful.
Key Info
“Properly it seems @ElonJet is suspended,” Jack Sweeney, the 20-year-old faculty scholar working the account with lots of of hundreds of followers, acknowledged Wednesday morning shortly after different customers seen the ban.
It’s unclear what precipitated the suspension, and the account web page merely says @ElonJet violated Twitter’s guidelines.
But it surely’s a serious shock coming from Musk, who acquired Twitter for $44 billion this 12 months and vowed to strip the platform of most content material restrictions.
Musk particularly stated the @ElonJet account was protected November 6, writing, “My dedication to free speech extends even to not banning the account following my aircraft, though that may be a direct private security threat.”
Sweeney, Musk and Twitter didn’t instantly reply to emailed requests for remark.
Forbes Valuation
Musk is value $176.8 billion, in response to our estimates, a forty five% dip from his $320 billion internet value in November 2021. He’s the second-wealthiest man on this planet, shedding his mantle because the richest particular person on earth final week.
Key Background
Musk is the CEO of three multibillion-dollar firms, Twitter, Tesla and SpaceX, regardless of claiming he has no want to steer any firm. His tumbling fortune is usually attributable to Tesla’s dismal 2022, with its shares down 69% 12 months up to now thanks largely to traders’ issues about Musk dedicating an excessive amount of of his time to his new plaything, Twitter. The proliferation of hate speech on Twitter since Musk’s takeover and subsequent reinstatement of most beforehand banned accounts has led main advertisers like Audi, Pfizer and Chipotle to drag out from the platform, fueling issues about how Twitter can increase earnings with dwindling advert {dollars}.
Stunning Truth
Sweeney stated in January that Musk provided him $5,000 to take down the account.
Additional Studying
Well-known Non-public Jet Homeowners—And The 20-Yr-Outdated Pupil Who Tracks Their Each Transfer (Forbes)
