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PARIS, FRANCE - JUNE 16: Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Elon Musk is visiting Paris for the VivaTech show where he gives a conference in front of 4,000 technology enthusiasts. He also took the opportunity to meet Bernard Arnaud, CEO of LVMH and the French President. Emmanuel Macron, who has already met Elon Musk twice in recent months, hopes to convince him to set up a Tesla battery factory in France, his pioneer company in electric cars. (Photo by Chesnot/Getty Images)

World

Elon Musk Pledges Legal Support for X Users

In a bold move, Elon Musk has announced that his social media platform, X, will provide financial support for the legal bills of individuals who have faced unfair treatment by their employers due to their posts or likes on the platform, formerly known as Twitter. Elon Musk, the visionary behind the rebranded Twitter, now known as X, has made a remarkable commitment to its users. In a post on X, Musk stated, “If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill,” assuring that there will be no financial constraints on this support.

This announcement follows Musk’s decision to rebrand Twitter as X and unveil a new logo, signifying a shift towards creating an all-encompassing “everything app.”

Late in the previous month, Musk proudly revealed that X had achieved a “new high” in monthly users, sharing a graph displaying a count exceeding 540 million. These figures come during a period of organizational changes within the company as it seeks to address declining advertising revenue.

Moreover, this marks another instance where X executives have highlighted the platform’s substantial user engagement, particularly after Meta Platforms introduced a competing platform called Threads on July 5.

Elon Musk‘s transformation of Twitter into X includes discarding the iconic blue bird logo that had come to symbolize the dissemination of ideas worldwide. Instead, he unveiled a new logo that underscores the platform’s focus on becoming an “everything app.”

In a previous statement made in July, Musk acknowledged that the platform was facing challenges, with negative cash flow attributed to a nearly 50% drop in advertising revenue and a substantial debt burden. Hopes for an advertising revenue upturn in June failed to materialize.

Since assuming control of Twitter in October, Musk has articulated his vision for an app that offers a range of services, including peer-to-peer payments, resembling the popular WeChat app in China.

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