Nobody is curious about Musk being Twitter's largest stockholder ?

[Celticguy]

Seems kind of notable in light of his recent interest in Twitter's lack of free speech.

Maybe not to some.

 

[cawacko]

A thread was started earlier about it. Will be interesting to see what his true intentions are.

 

[Celticguy]

A thread was started earlier about it. Will be interesting to see what his true intentions are.

missed it I guess. perhaps it was similarly ignored.

well he spent a lot of money in the process. I have to assume he has plans. He does have a lot of money to piss away but he's not known to piss away money. that said he is not a hands on guy but he does acquire very knowledgeable guys to get things done.

 

[Althea]

Seems kind of notable in light of his recent interest in Twitter's lack of free speech.

Maybe not to some.

9% isn't the largest shareholder

 

[Celticguy]

9% isn't the largest shareholder

according to published reports it is. but journalism being what it is today.....

 

[cawacko]

according to published reports it is. but journalism being what it is today.....

Haha, that was good. WSJ, the Financial Times, WaPo, NPR, CNN and others all have headlines stating Musk to be the largest shareholder. But like you said...

 

[Geeko Sportivo]

Seems kind of notable in light of his recent interest in Twitter's lack of free speech.

Maybe not to some.

Nobody is curious about Musk being Twitter's largest stockholder ?

I bet the Trumptards are curious (yellow) over it!

 

[Celticguy]

Nobody is curious about Musk being Twitter's largest stockholder ?

I bet the Trumptards are curious (yellow) over it!

gotta like his attitude regarding free speech. cant believe he would spend the money if he didnt intend to do something about it.

 

[Nordberg]

How much power over a company do you have with 9 percent of the stock?

 

[Althea]

gotta like his attitude regarding free speech. cant believe he would spend the money if he didnt intend to do something about it.

Minority shareholder. He has no power to 'do' anything.

He bought at about $32, and now it's up over $50. That's what he had in mind. He can dump it and make more than 1/2 billion overnight.

 

[Althea]

How much power over a company do you have with 9 percent of the stock?

None

 

[Celticguy]

How much power over a company do you have with 9 percent of the stock?

if you are the top stockholder and youre the richest man on the planet, a lot more than you suspect.

 

[cawacko]

if you are the top stockholder and youre the richest man on the planet, a lot more than you suspect.

Elliot Management owned like 4% of Twitter and launched a campaign to remake the Board and try to get Dorsey out as CEO. Musk owns over double what they do. I don’t pretend to know his plans here but to your point you don’t need to own 50% of the stock to force changes at a company.

 

[Celticguy]

Elliot Management owned like 4% of Twitter and launched a campaign to remake the Board and try to get Dorsey out as CEO. Musk owns over double what they do. I don’t pretend to know his plans here but to your point you don’t need to own 50% of the stock to force changes at a company.

10% is more than enough and musk certainly knows how to leverage his influence

 

[Grokmaster]

gotta like his attitude regarding free speech. cant believe he would spend the money if he didnt intend to do something about it.

Yep. He certainly is not shy....

 

[cancel2 2022]

Haha, that was good. WSJ, the Financial Times, WaPo, NPR, CNN and others all have headlines stating Musk to be the largest shareholder. But like you said...

NotAllThere is wrong as per usual.

 

[cancel2 2022]

How much power over a company do you have with 9 percent of the stock?

You never ever seem to have a clue about anything!!

 

[Legion]

Elon Musk is the most successful African American who ever lived.

 

[Poor Richard Saunders]

10% is more than enough and musk certainly knows how to leverage his influence

78% of Twitter stock is held by institutions. They aren't likely to be swayed by Musk.

 

[cancel2 2022]

78% of Twitter stock is held by institutions. They aren't likely to be swayed by Musk.

We will see, won't we? Despite what you may think otherwise, you're not party to the full facts and I'm sure much is going on in the background that you know nothing about.