Elon Musk Becomes Twitter's Largest Shareholder Owning 9.2 Percent of All Shares |
 https://www.daybreakinsider.com/wp-content/uploads/2022/04/2022-04-04T155951Z_3_LYNXNPEI330H1_RTROPTP_4_TESLA-BONDS-1024x683.jpg 1024w, https://www.daybreakinsider.com/wp-content/uploads/2022/04/2022-04-04T155951Z_3_LYNXNPEI330H1_RTROPTP_4_TESLA-BONDS-768x512.jpg 768w, https://www.daybreakinsider.com/wp-content/uploads/2022/04/2022-04-04T155951Z_3_LYNXNPEI330H1_RTROPTP_4_TESLA-BONDS-1536x1024.jpg 1536w, https://www.daybreakinsider.com/wp-content/uploads/2022/04/2022-04-04T155951Z_3_LYNXNPEI330H1_RTROPTP_4_TESLA-BONDS-2048x1366.jpg 2048w, https://www.daybreakinsider.com/wp-content/uploads/2022/04/2022-04-04T155951Z_3_LYNXNPEI330H1_RTROPTP_4_TESLA-BONDS-600x400.jpg 600w, https://www.daybreakinsider.com/wp-content/uploads/2022/04/2022-04-04T155951Z_3_LYNXNPEI330H1_RTROPTP_4_TESLA-BONDS-450x300.jpg 450w" alt="" width="400" height="auto" />From the story: Tesla CEO Elon Musk opened a new front in his criticism of Silicon Valley tech giants on Monday morning when he disclosed he acquired a 9.2 percent stake in Twitter in mid-March, meaning Musk is now the company’s biggest shareholder (Townhall). From The New York Times: The purchase, made public on Monday in a regulatory filing with the Securities and Exchange Commission, is worth about $2.89 billion based on the closing price of Twitter’s stock on Friday. News of Mr. Musk’s buy-in sent Twitter share prices soaring (The New York Times). Musk is clearly motivated—at least in part—by First Amendment free expression. From his Tweet on March 26: Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done? (Twitter). |
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