On March 27, Elon Musk said he’s giving serious thought in starting his own social media platform.

The plan seemed to be impractical, or too costly to build from the ground up with no guarantees of success. So instead, Musk buys 9.2% stake in Twitter, making him the biggest shareholder of the social media company. Bloomberg reported the stake is worth about $2.89 billion. The move created a surge of Twitter stocks up to 27%.

On March 25, Elon created a poll for his 80 million followers, asking if Twitter “rigorously” adheres to free speech being essential to a functioning democracy. About two million people participated in the poll and 70% voted “no.” 

If Musk intends to make changes in Twitter, it is not clear how or what. On March 25, Musk made a poll that Twitter’s algorithm should be open sourced. This would allow developers to modify the algorithm. Twitter’s current algorithm is what drives the content its users will see, from trends and recommendations, based on user interest. 

Musk is one of the biggest personalities known on Twitter. His tweets range from his companies SpaceX and Tesla, to cryptocurrency, to world affairs . His tweets are sometimes absurd, enough to actually influence the market, which his critics say is his manipulation. 

For now we’ll have to sit tight and see in the coming months how Musk’s newest status on Twitter will affect the company and its users.