Elon Musk Becomes Twitter’s Largest Shareholder…

[Principal Skinr]

My understanding is his shares are common stock so while 9% might make him the largest single shareholder it's still no majority. Common shareholders have little influence in the actual operation and policies of an organization. He'd have to secure a seat on a board of directors to have any direct influence on Twitter's policies.

There's also a complication that Musk likes to play fast and loose with SEC rules. He waited too long to file the reporting of the share purchase so now he can look forward to the purchase being scrutinized. At best he'll probably pay a (comparatively) small fine for not filing promptly but given his track record they may decide to levy a more severe penalty including making him give up the shares like they did with his own company, Tesla.

Maybe he did it to fire a shot across their bow?

 

[xwing]

It's a great hope that he can influence Twitter to actually allow free speech, instead of only allowing one side (the Dem talking point side) in each debate. I certainly don't agree with Mr. Musk about everything, but he certainly believes strongly in free speech.

 

[Principal Skinr]

It's a great hope that he can influence Twitter to actually allow free speech, instead of only allowing one side (the Dem talking point side) in each debate. I certainly don't agree with Mr. Musk about everything, but he certainly believes strongly in free speech.

And right now, when free speech is so threatened, we need more like him that put free speech above whatever political view they may hold.

 

[cbhausen]

Look what a single tweet from Elon musk can do to the price of cryptocurrency. He has a huge footprint and what he says carries a lot of weight. Now that he owns such a big chunk of Twitter it makes you wonder what tweets might be coming and how they might affect the stock price. It’s no wonder some people are not happy. Elon, in my estimation, would gladly tank the stock price despite his substantial ownership to effect change on the “platform” known as Twitter.

 

[GodFearinGunTotin]

 

[Karl-just-Karl]

I don't know if I should be proud to have the opportunity or be ashamed of INGO since I am the first to mock the 29.6% of people that believe Twitter adheres to principles of free speech.



Really? 29.6% of respondents living in a shadow world of their own creation.

 

[Pepi]

Twitter ?

 

[GodFearinGunTotin]

Haven’t confirmed this elsewhere yet.

 

[Ingomike]

Really? 29.6% of respondents living in a shadow world of their own creation.

That group is responsible for most of the threads in politics on INGO…

 

[actaeon277]

Haven’t confirmed this elsewhere yet.

Elon Musk Joins Twitter Board, But Can't Save Trump From Ban — Yet

Musk still lacks the authority to make unilateral changes to Twitter's operation, though his influence at the company is growing.

www.newsweek.com

Notice, they somehow had to get "Trump" in there somehow.

 

[Ingomike]

Elon Musk Joins Twitter Board, But Can't Save Trump From Ban — Yet

Musk still lacks the authority to make unilateral changes to Twitter's operation, though his influence at the company is growing.

www.newsweek.com

Notice, they somehow had to get "Trump" in there somehow.

He lives in their minds rent free.

Which just proves they fear him

 

[JettaKnight]

Is he coming after INGO next?

 

[Rhoadmar]

https://rumble.com/vzsnjy-what-all-of-conservative-twitter-was-hoping-for-yesterday.html mean tweets inbound

 

[hoosierdoc]

The more i watch Elon, the more i think he is Henry Rearden.

Keep it up Elon, we need you.

 

[tv1217]

Someone should convince Donald Trump to buy a chunk of Twitter. I'll make the popcorn.

 

[JettaKnight]

And right now, when free speech is so threatened, we need more like him that put free speech above whatever political view they may hold.

so long as James Woods et al. are tweeting, it's really hard to make the claim that conservative voices are being silenced.


Here's an idea: we could just stop letting Twitter have such an influence on our lives.

 

[Ingomike]

Someone should convince Donald Trump to buy a chunk of Twitter. I'll make the popcorn.

For perspective Musk has 100 times the net worth of Trump. What Musk bought was more than Trump’s net worth.

 

[Ingomike]

so long as James Woods et al. are tweeting, it's really hard to make the claim that conservative voices are being silenced.


Here's an idea: we could just stop letting Twitter have such an influence on our lives.

Rewritten for accuracy…

Here's an idea: we could just stop letting news have such an influence on our lives.

Yep, bury our heads in the sand…

 

[tv1217]

For perspective Musk has 100 times the net worth of Trump. What Musk bought was more than Trump’s net worth.

Well that's no fun

 

[DoggyDaddy]

Rewritten for accuracy…

Here's an idea: we could just stop letting news have such an influence on our lives.

Yep, bury our heads in the sand…

Well, I don't consider Twitter to be a valid news source.