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Reading: Elon Musk Becomes Twitter’s Largest Shareholder
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Uncut Media > Blog > Technology > Elon Musk Becomes Twitter’s Largest Shareholder
TechnologyWorld

Elon Musk Becomes Twitter’s Largest Shareholder

Admin
Admin 2 months ago
Updated 2022/05/09 at 9:54 AM
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Elon Musk has purchased a 9.2% stake in Twitter, making him one of the social network’s largest shareholders. The acquisition of 73,486,938 shares is valued at around $2.89 billion USD, and gives Musk more than four times as many shares as Twitter founder Jack Dorsey.


He Tweeted in part;

“Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?


Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy.

What should be done? https://t.co/aPS9ycji37

— Elon Musk (@elonmusk) March 26, 2022

Musk is an active Twitter user, with more than 80 million followers.


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TAGGED: TECHNOLOGY, WORLD
Admin April 4, 2022
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