Elon Musk now has a 9. 2% stake in Twitter

Elon Musk now has a 9. 2% stake in Twitter

7. April 2022 0 By Horst Buchwald

Elon Musk now has a 9. 2% stake in Twitter

San Francisco, 7.4.2022

Elon Musk is the largest single shareholder with a passive stake of 9.2% in Twitter. This is according to a report filed with the SEC.

The disclosure came after the Tesla CEO recently criticized Twitter’s free speech rules. He had previously conducted a survey. In it, his 80 million followers were asked, “Free expression is essential to a functioning democracy. Do you think Twitter strictly adheres to this principle?”

Result: just over 70% of respondents answered “No.”

Background: Musk has already expressed his interest in setting up his own social media platform on several occasions.

https://www.businessinsider.com/elon-musk-slams-Twitter-considering-creating-own-social-media-platform-2022-3

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