Elon Musk Takes a 9% Stake in Twitter After Criticizing Company's Free Speech Stance

He has also pondered starting up a rival social media network and industry analysts are skeptical about whether the mercurial CEO will remain on the sidelines for longTesla CEO Elon Musk has taken a 9.2% stake in Twitter, purchasing approximately 73.5 million shares, according to a regulatory filing Monday.

Musk's stake in Twitter is considered a passive investment, which means Musk is a long-term investor that's looking to minimize his buying and selling of the shares. Yet in recent weeks Musk has raised questions about free speech on Twitter and if failing to adhere to its basic principles undermines democracy.and industry analysts are skeptical about whether the mercurial CEO would remain on the sidelines for long.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter shares soar more than 25% after Elon Musk takes 9% stake in social media companyTesla CEO Elon Musk has taken a big stake in social media company Twitter, a regulatory filing released Monday showed. Killed children under the age of 10 with signs of rape and torture were found in Bucha and Irpen. CHILDREN. RELATED. ROLLED OUT. KILLED. RussiaWarCrimes RussianRapists RussiaKillsCivilians stopgenocideinUkraine RussianTerrorism elonmusk if this results in trump coming back to twitter, will not ever buy a elon product Why just 9%. Take over completely.
Source: CNBC - 🏆 12. / 72 Read more »