Elon Musk now owns a 9.2 percent stake in Twitter
the settlement, saying that the SEC overstepped its authority. He's asking a federal judge to terminate his agreement requiring some tweets to be vetted by a lawyer.last week with the question"Do you believe Twitter rigorously adheres to this [freedom of speech] principle?" He also mused about the idea of starting his own social media platform, saying he was giving it"serious thought.
" , Musk said that"the consequences of this poll will be important," and that prediction has now apparently come true. His stake in Twitter is still a passive one, but he could up the stakes somewhat."This eventually could lead to a buyout," analyst Dan Ives told. Twitter shares have reportedly surged more than 25 percent in premarket trading, according toAll products recommended by Engadget are selected by our editorial team, independent of our parent company.
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Twitter shares soar more than 25% after Elon Musk takes 9% stake in social media companyTesla CEO Elon Musk has taken a big stake in social media company Twitter, a regulatory filing released Monday showed.
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Elon Musk buys large stake in TwitterNEW: Elon Musk has bought a 9.2% stake in Twitter, according to a regulatory filing released today. He criticized the company last month for 'failing to adhere to free speech principles.'
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Elon Musk buys 9 percent stake in TwitterThe stock-buying revelation comes as Musk has emerged as one of the loudest and most prominent critics of Twitter’s moderation efforts.
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Tesla CEO Elon Musk takes a 9% stake in TwitterMusk has raised questions about free speech on Twitter and whether failing to adhere to its basic principles undermines democracy.
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Elon Musk Takes a 9% Stake in Twitter After Criticizing Company's Free Speech StanceHe has also pondered starting up a rival social media network and industry analysts are skeptical about whether the mercurial CEO will remain on the sidelines for long.
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