Elon Musk becomes largest shareholder in Twitter with $3 billion stock buy

Started by taxed, April 04, 2022, 05:35:04 AM

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taxed

...and Musk leads off the week with a power move.

https://www.washingtonexaminer.com/news/elon-musk-becomes-largest-shareholder-in-twitter-with-3b-stock-buy

QuoteTesla CEO Elon Musk has grabbed a huge stake in Twitter, making him the social media giant's biggest shareholder just days after questioning its commitment to free speech.

Musk's purchase, revealed in a Securities and Exchange Commission filing published on Monday, gives him a 9.2% ownership stake, according to the Financial Times. At Twitter's current valuation, Musk's purchase likely cost nearly $3 billion. It comes after a poll Musk posted on Twitter sparked speculation that he was considering buying Twitter or launching his own social network.
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supsalemgr

"If you can't run with the big dawgs, stay on the porch!"

Bronx

People sleep peacefully at night because there are a few tough men prepared to do violence on their behalf.

A foolish man complains about his torn pockets.

A wise man uses it to scratch his balls.

Solar

Official Trump Cult Member

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Solar

Word is Musk might have twice the amount of stock than is being reported.
That said, this is going to be the lib exploding heads event of this year, as the left will do everything possible to destroy this move.

Here's how I see it playing out in part. The left makes outrageous claims, Musk and the Twitturd elites get in a public pissing war, Musk says Fine: "I'm dumping my stock", Twitturd stock takes a serious hit, Musk scoops it up and expands his control.
Musk will own Twitturd in short time this year. :lol:  :lol:  :lol:
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

Solar

Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

taxed

:lol:  :lol:  :lol:  :lol:  :lol:

https://www.zerohedge.com/markets/twitter-appoints-elon-musk-board-directors-stock-jumps-hopes-more-unwokeness

Quote... Musk responded with what may be the most polite pink slip in modern history: "Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!"

https://twitter.com/paraga/status/1511320964813910017
#PureBlood #TrumpWon

Solar

Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

Bronx

People sleep peacefully at night because there are a few tough men prepared to do violence on their behalf.

A foolish man complains about his torn pockets.

A wise man uses it to scratch his balls.

taxed

#PureBlood #TrumpWon


taxed

#PureBlood #TrumpWon

taxed

#PureBlood #TrumpWon

Bronx

Elon Musk decline to sit on the board of twitter. Why was he invited in the first place....maybe because his limitation of being a share holder would have been capped at 14%.....?

Now that he will not being joining the twitter board is a hostile take over in the works....?

Like The Right Scoop pointed out....read the last paragraph.

https://therightscoop.com/breaking-elon-musk-refuses-to-join-twitter-board-of-directors-opening-hostile-takeover-options/

People sleep peacefully at night because there are a few tough men prepared to do violence on their behalf.

A foolish man complains about his torn pockets.

A wise man uses it to scratch his balls.