BoogyMan
04-06-2022, 08:26 PM
I figured he was up to something and this might be a step in the right direction for a platform that has gone WAY off the rails with left-wing nuts acting like Nazis out to run their own kind of Twitzlelnacht against conservatives on the platform. It has been glorious watching the lefties losing their minds over the possibility that they might not be able to get people tossed off the platform as easily as before and that they might actually be in an environment that allows, GASP…..free speech. The chief software engineer of Twitter has gone absolutely nuts claiming that Musk’s buy-in has “radicalized” him. Going to be a very interesting thing to watch.
https://www.theguardian.com/technology/2022/apr/04/elon-musk-buys-stake-twitter-share-tesla-spacex
The billionaire Elon Musk (https://www.theguardian.com/technology/elon-musk) has taken an almost $3bn (£2.3bn) stake in Twitter to become the social media platform’s largest shareholder.The world’s richest man, who has a penchant for eccentric behaviour frequently involving tweets, has built a 9.2% stake in Twitter, according to filings made to the US Securities and Exchange Commission (https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/f66f56c1-eb52-43f8-a7ff-992dc80a7396.pdf) (SEC) on Monday.
The boss of Tesla and SpaceX, who with more than 80 million followers ranks in the global top 10 of the most popular users on the microblogging site, paid $2.89bn for the stake at Twitter’s closing share price on Friday.
The company’s shares soared by more than a quarter in pre-market trading on the back of the news, adding about $8bn to its $31.5bn value, before easing back to 21% up in early trading. After the stock price jump Musk’s shares are now worth more than $3.5bn.…
https://www.theguardian.com/technology/2022/apr/04/elon-musk-buys-stake-twitter-share-tesla-spacex
The billionaire Elon Musk (https://www.theguardian.com/technology/elon-musk) has taken an almost $3bn (£2.3bn) stake in Twitter to become the social media platform’s largest shareholder.The world’s richest man, who has a penchant for eccentric behaviour frequently involving tweets, has built a 9.2% stake in Twitter, according to filings made to the US Securities and Exchange Commission (https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/f66f56c1-eb52-43f8-a7ff-992dc80a7396.pdf) (SEC) on Monday.
The boss of Tesla and SpaceX, who with more than 80 million followers ranks in the global top 10 of the most popular users on the microblogging site, paid $2.89bn for the stake at Twitter’s closing share price on Friday.
The company’s shares soared by more than a quarter in pre-market trading on the back of the news, adding about $8bn to its $31.5bn value, before easing back to 21% up in early trading. After the stock price jump Musk’s shares are now worth more than $3.5bn.…