This isn't about the First Amendment. It's about making money. Free enterprise. Welcome to Business 101.
Musk is already sweating that massive drop in revenue:
In the days since Musk took over as Twitter’s owner and de-facto CEO, the platform has faced a surge of hateful rhetoric and other toxic content, which has caused outcry from civil society groups and prompted some advertisers to think twice about working on the platform.
In his Wednesday tweet thread, Musk said he had met with representatives of the Anti-Defamation League, the NAACP, Color of Change, the Asian American Foundation and several other groups to discuss “how Twitter will continue to combat hate & harassment & enforce its election integrity policies.”
On Tuesday, Twitter head of safety and integrity Yoel Roth said on the platform that the company has been “focused on addressing the surge in hateful conduct on Twitter. We’ve made measurable progress, removing more than 1500 accounts and reducing impressions on this content to nearly zero.” Both Musk and Roth have stressed that Twitter’s policies have not changed since the takeover.