Elon Musk now Twitter’s largest Shareholder after $3 Billion Stake Buy; Is Change Coming to the Platform?

Tesla’s Elon Musk this morning revealed he has purchased $3 billion of shares in Twitter, or 9.2%, making him the largest shareholder in the platform.

For comparison sake, Jack Dorsey is only a 2.25% shareholder in the company.

Musk, for sometime now, has been a critic of the platform, criticizing the companies policies on fre speech.

A couple of weeks ago, musk asked his approximately 80 million followers if a new platform was in order.

But the buy into the company indicates he’s looking to fix the platform, rather than starting his own.

The company’s stock rose 26% in pre-market trading in response to the news.

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3 COMMENTS

  1. Thank the God that Elon Musk bought controlling stock in Twitter because Twitter’s bias is so awful that it’s allowed death threats to exist on the platform against it terms of service on multiple occasions.

    The pattern goes that a radical leftist of some kind will make a death threat or encourage death/harm against someone on the right but Twitter will not only not take any action but actually approve of the tweet until the subject (or even someone close to the subject) goes public with it.

  2. It would be interesting to see if Musk would remove the Twitter ban on Trump.
    With regards to the question, “Is change coming to the platform?” perhaps we might see a new version of Twitter in the form of an autopilot platform that would enable one’s twitter account to post tweets autonomously, without the individual doing the the tweeting. One might wake up in the morning and discover that his twitter account has tweeted some controversial tweets without his consent – and he and his twitter account might become enemies overnight.

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