I have already told you in this space that the celebrity CEO tracks anyone who drives one of his products and especially those who can do him a favor or those he wants to track.
His latest acquisition is just going to be an expansion of that and doesn’t rely on people to buy his products.
Free speech doesn’t apply to those who speak out against him.
Elon Musk (Tesla)
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
Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows
Tesla CEO Elon Musk has been buying Twitter shares on almost a daily basis since the end of January, spending $2.64 billion for his current stake in the company, according to a SEC filing on Tuesday.
The disclosure came through a 13D filing, which confirms that Musk has intentions to be more active in Twitter’s business. On Monday, the company indicated that Musk had 9.2% ownership in the company, but it was via a 13G filing, which points to a passive stake for a holder who isn’t trying to exert control or influence.
Tuesday’s filing said he owns 73,115,038 Twitter shares, or 9.1% of the company. At the close of trading, those shares were worth $3.73 billion. Musk crossed the 5% threshold on March 14.
The flip to becoming an active investor follows an announcement by Twitter and CEO Parag Agrawal on Tuesday that the company will appoint Musk to its board of directors. – Source
Read more on these
