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April 4, 2022 10:35 am

Elon Musk Becomes Twitter's Largest Shareholder

Elon Musk has taken a 9.2% passive stake in Twitter, according to a 13G filing, Bloomberg News reports. Twitter rose about 26% in pre-market trading. Bloomberg News adds: Musk, 50, polled his more than 80 million followers on Twitter last month, asking them whether the company adheres to the principles of free speech. After more than 70% said no, he asked whether a new platform was needed and said he was giving serious thought to starting his own platform.

Read more of this story at Slashdot.


Original Link: https://slashdot.org/story/22/04/04/1034238/elon-musk-becomes-twitters-largest-shareholder?utm_source=rss1.0mainlinkanon&utm_medium=feed

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