Trump probably should be allowed back on social media

Billionaire philanthropist Bill Gates told CNBC that social media companies should eventually take their muzzles off former President Donald Trump, despite his corrosive election fraud conspiracy theories.

He said, I think at some point he probably will be allowed back on and probably should be allowed back on.

CNBC Squawk Box co-host Andrew Ross Sorkin had asked Gates whether he would let Trump back on social media if he were on Facebook's oversight board.

That social media giant and others, including Twitter, had suspended Trump from their platforms after he spread an array of unfounded conspiracy theories and falsehoods about his election loss to President Joe Biden.

Democrats and some Republicans have blamed Trump for fomenting the Jan. 6 riot at the U.S. Capitol in which five people died. The Senate on Saturday fell 10 votes short of convicting Trump at his impeachment trial.

Bill said, it's weird when you're, you know, saying that the election was stolen without any facts there. And how corrosive that is. But I'll bet they'll find a way to let him back on and Trump's future false posts could get slapped with warning labels. You know in a way ... people's interest in what he says may go down quite a bit. That'll be interesting to watch.

With social media unavailable to him, Trump has issued fewer statements since leaving the White House on Jan. 20. After the death of Rush Limbaugh on Wednesday, Trump called into Fox News for his first post-presidential phone interview, during which he repeated many of the false election claims that prompted social media companies to ban him.