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-Land of the Free
Great News! Elon Musk Becomes Twitter's Largest Shareholder After Conducting a Poll
2022-04-05
[PJ] Following Twitter’s suspension of the Babylon Bee, Elon Musk appeared to get a little irritated. In late March, Musk asked his more than 80 million followers what to do about Twitter’s failure to adhere to free speech principles:

With the plethora of new platforms emerging, many followers and commentators suggested that the Tesla and SpaceX CEO just buy Twitter. Musk once again proved that his timeline is one to watch because he’s willing to spend a gobsmacking amount of money in response to a Twitter poll. Musk just bought a 9.2% passive stake in the company. Talk about sending a message. According to CNBC:

FOX News Tucker Carlson video 'Sensorship' and the Musk Twitter stock purchase.

Courtesy of badanov:
Looks like he won’t be starting from scratch, after all.
Posted by:Besoeker

#12  Should cause some lovely secondaries.
Posted by: swksvolFF   2022-04-05 13:30  

#11  ...a poll on social media said...
Posted by: M. Murcek   2022-04-05 12:35  

#10  The headline is misleading; Musk bought the shares in twitter before he even conducted the poll.
Posted by: Thing From Snowy Mountain   2022-04-05 12:33  

#9  Facebook and ChiCom Google next target?
Posted by: Woodrow   2022-04-05 11:15  

#8  Elon Musk was just appointed to the board of directors.

You work for Elon lefies. BRUHAHAHAHAHAHAHAHA!!!
Posted by: DarthVader   2022-04-05 11:08  

#7  

While Elon Musk now controls 9.2% of Twitter. Twitter's top five shareholders as of Q3 2021 all together still control 31.02%.
They are:
Morgan Stanley,
Vanguard,
BlackRock,
State Street Corp.,
and Lone Pine Capital.
Collectively, the top five Twitter shareholders own just around 30.02% of the company.

So, IF say Morgan Stanley and Vanguard Group teamed up, or one of them and 2 others teamed up then they outvote Musk.

Plus there is the issue of who all owns the other 59.7%

QUESTION: Looking at the bigger picture.
It is interesting to note these Elite companies own a Media company associated with the Massive Censorship of free speech and supported/promoted Anti-Trump narratives in 2020.
Posted by: NN2N1   2022-04-05 08:27  

#6  Already getting positive results.
Posted by: Procopius2k   2022-04-05 07:51  

#5  [Bee] Liberals Outraged To Learn 10% Of Twitter Now Owned By African-American
Posted by: Frank G   2022-04-05 07:36  

#4  Musk is doing much more important stuff than messing with social media. I hope he has a trusted underling he can put in charge of cleaning up the public toilet that is Sh*tter.
Posted by: M. Murcek   2022-04-05 07:09  

#3  /\ Musk employs tens of thousands of people. I doubt Twitter replacements will be difficult to find.
Posted by: Besoeker   2022-04-05 07:06  

#2  🍿

Let's hope he can bring some actual freedom of speech and censorship of shit to it.
Posted by: Dron66046   2022-04-05 06:50  

#1  ...And some of the snowflakes at Twitter have already bailed, with the usual proclamations.

Popcorn, anyone?

Mike
Posted by: Mike Kozlowski   2022-04-05 06:47  

00:00