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Is Elon Musk Buying Twitter?


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I recently reported that Elon Musk purchased a significant portion of Twitter…

Musk, who is incredibly libertarian, made the purchase after polling his 80 million followers on Twitter’s stance regarding free speech, and his new stake in the company is seen by many as a direct response to the platform’s censorship policies.

Musk’s stake stands at 9.2% of all outstanding Twitter shares at the time of this writing—making him the single largest ‘outside’ owner of Twitter…

9.2% is a massive portion of a company, but it isn’t a controlling interest. He doesn’t own a majority of the company as of yet, but this could change.

Many of us are now speculating if he will buy out the company by purchasing a majority of Twitter’s stock.

Take a look at these reports, and let us know what you think: will he take majority interest in the company, or is he just doing this as a scare tactic to get those lefties at Twitter to quit the anti-liberty nonsense?

Newsmax provided these stats:

Musk owns 73.5 million Twitter shares, valuing his passive stake in the company at up to $2.9 billion based on the stock’s Friday close. The shares are held by the Elon Musk Revocable Trust.

 

The Verge writes:

Earlier in the month, Musk said he was a “free speech absolutist” after he claimed Starlink had been told by some governments to block access to Russian news sources. “We will not do so unless at gunpoint,” he said.



 

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