How did Elon Musk become the largest Twitter shareholder?

The world’s richest man and Tesla’s CEO, Elon Musk, bought about 73.5 million Twitter shares at about $2.89 billion, based Friday’s market closing price.



Elon’s shares give him a 9.2% stake in Twitter, topping the 8.8% stake of the former largest Twitter shareholder, the Vanguard Group. This makes Elon Twitter’s largest single shareholder.

Musk’s purchase comes a week after he hinted at entering the social media space and making major changes.



Elon Musk is a major Twitter user known for making controversial tweets and for criticizing social media companies.

Eventually, Musk asked his 80 million followers in a Twitter poll if the platform adheres to the principles of free speech.

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A WELCOME DEVELOPMENT IF HE IS GOING TO BE THE LONG-AWAITED DEPENDABLE DIFFERENCE FOR FREE SPEECH AND EXPRESSIONS. AWAY FROM THE PARTISAN PARTIAL DEMONIC FOUNDER, MARK OF EVIL CALLED ZUCKERBUGE. THE SUCKER.

Mickykarim:
A WELCOME DEVELOPMENT IF HE IS GOING TO BE THE LONG-AWAITED DEPENDABLE DIFFERENCE FOR FREE SPEECH AND EXPRESSIONS. AWAY FROM THE PARTISAN PARTIAL DEMONIC FOUNDER, MARK OF EVIL CALLED ZUCKERBUGE. THE SUCKER.

Mark Zuckerberg isn't the founder of Twitter but yeah it is a welcome development