Tesla CEO Elon Musk takes 9.2% stake in Twitter, likely making him the top shareholder

on Monday, likely making him the biggest shareholder in the micro-blogging site and triggering a 23 per cent rise in its shares.

A prolific Twitter user, Musk has over 80 million followers since joining the site in 2009 and has used the platform to make several announcements, including teasing a go-private deal for Tesla that landed him in regulatory scrutiny. Musk has been selling his stake in Tesla since November, when he said he would offload 10 per cent of his holding in the electric-car maker. He has already sold $16.4-billion worth of shares since then.

This is terrible news. Twitter is the biggest source of info that proves hydrogen is a better option than batteries.

Great news for free speech

His paid bots are already half this site. 🙄

Bigger that Russian state-owned VTB Bank's $191 mil stake, bought in 2011?

We’re doomed. Greater control of narrative and propaganda.

Not good

The right to free speech is more important than the content of the speech. Voltaire elonmusk

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