Tesla CEO Elon Musk has taken a 9.2% stake in Twitter, purchasing approximately 73.5 million shares, according to a regulatory filing today.
Tesla CEO Elon Musk has taken a 9.2% stake in Twitter, purchasing approximately 73.5 million shares, according to a regulatory filing Monday.Musk purchased approximately 73.5 million shares, according to a regulatory filing Monday
"Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?" he tweeted Yet in recent weeks Musk has raised questions about free speech on Twitter and if failing to adhere to its basic principles undermines democracy. "We would expect this passive stake as just the start of broader conversations with the Twitter board/management that could ultimately lead to an active stake and a potential more aggressive ownership role of Twitter," Dan Ives of Wedbush Securities said in a client note early Monday.
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Tesla CEO Elon Musk takes a 9% stake in TwitterTesla CEO Elon Musk is taking a 9.2% stake in Twitter.
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Tesla CEO Elon Musk takes 9% stake in TwitterTesla CEO Elon Musk is taking a 9.2% stake in Twitter. Musk purchased approximately 73.5 million shares, according to a regulatory filing Monday.
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Tesla CEO Elon Musk takes 9% stake in TwitterTesla CEO Elon Musk is taking a 9.2% stake in Twitter. Musk purchased approximately 73.5 million shares, according to a regulatory filing.
Read more »