Elon Musk Becomes Largest Outside Shareholder Of Twitter

Folks, you have no idea how giddy and happy this recent announcement has made me…

As writers, journalists, bloggers, and independent media people, we face a ton of online censorship; particularly, if we are on the right side of politics.

Nowhere else is this censorship more evident than on Twitter….

Everyday, I wake up and wonder when Twitter will ban me for telling the truth: they have already suspended my account twice. Once for calling for Fauci’s trial, and the other time for hurling abuse at Mark Milley—a known clown.

We recently reported that Elon Musk was hinting at creating his own free speech platform to counter censorship that he himself has allegedly faced via the social media giant Twitter…

Twitter users speculated whether he would start his own platform from scratch, or if he would simply take over Twitter, and now it seems we have our answer…

According to the latest reports, Elon Musk has become the largest outside holder of Twitter stock after taking a 9.2% stake in the company.

Shares of the company soared in response to Musk’s purchase. Here’s more on the story:

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

Now that @ElonMusk is Twitter’s largest shareholder, it’s time to lift the political censorship.

Oh… and BRING BACK TRUMP!

— Lauren Boebert (@laurenboebert) April 4, 2022

According to CNBC:

Musk owns 73,486,938 shares of Twitter, which represents a 9.2% passive stake in the company, according to a Securities and Exchange Commission 13G filing released Monday. The stake is worth $2.89 billion, based Twitter’s closing price Friday.

NATIONAL POLL: Will You Vote For Trump A THIRD Time?

 

BREAKING: Elon Musk Becomes Twitter’s Largest Shareholder After Shakeup Tease https://t.co/cf3kGQPxEg pic.twitter.com/xC15AHHxqC

— Daily Wire (@realDailyWire) April 4, 2022

https://twitter.com/kylenabecker/status/1510963847640801283

The Block explains:

Musk has also criticized Twitter’s use of spending engineering resources on integrating NFTs as opposed to fixing other issues on its platform.

“Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?”