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❕NEWS Elon Musk Buys 9.2% ($3 billion) Of Twitter - Biggest Share Holder As of 2022

Davvis12

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Well, He Did it, Nobody Knows Why, But I Can Think Of A few Reasons...
Elon Mush, The Richest Man In the world, with about 80milion followers, Has Bought 9.2% Of Twitter Shares making him the biggest share holder.
And To Confirm that here is a tweet from Parag Agrawal (Chief Executive Officer Of Twitter) itself stating, via a tweet That Elon Mush, known for his work at SpaceX Tesla and PayPal is going to join the social networks board of directors.
image_2022-04-05_185934290.png


So Now The Big Question IS "Who Owns Twitter?"

The reason this is an actual question is due to the fact that Elon Musk now happens to be the biggest shareholder, Here is what Co-founder of twitter jack Dorsey said about Elon Musk. "Through Recent Conversations with Elon, It became Clear To Us that he would bring great value to our board, Which is exactly what Parag Agrawal Said himself.

But I guess That Doesn't Mean He owns Twitter.. Why Did I say so...

The Company Made sure of that, Twitter Set Up an arrangement with Elon Musk so as to make sure he can't own 15% of the company while on it's board, And that alone limited his ability to make changes to the platform considering he as been voting for an edit button.

What are your thoughts???
 
That's great, this decision was going on for so long, I guess everyone was curious about the outcome after Ellon Musk has put a hold on the agreement. finally, now the decision is made and Ellon Musk is now a member of the board. but, will it serve any profit to the normal users? Do you think things will change on Twitter for a normal user?
 
I heard recently that Elon is pausing his decision to buy after suspecting that most Twitter accounts are bots. Twitter is the most active crypto social media platform so he stands to gain from it.
 
Indeed , he did paused the deal and since I have been using the platform for my campaigns in the past not much now though all of it can be a business tactic he might have a deal with Twitter to push the shares price up and then the deal could have had broken so he took a turn from his stance , We don't know anything and this is possible as well ?.
 
The news of Elon Musk taking over Twitter brought a lot of joy to the world and many people started becoming confident in Twitter. Am only surprised that there hasn't been new news about upgrade or new features coming to Twitter. We wish to see Elon's Twitter dream actualized.
 
I will first of all want a proper moderator team that has officials from each country in the world that can restrict hate speech for any nation , region , and cast and if he succeeds at the attempt , I will happily donate money so that the platform can be made more decentralized an. Also ensuring every person and its origin is respected on the platform by its users .
 
It is always good to read full details on a news. At first I thought that Ellon Musk bought the whole share of twitter. I didn't know that it is only few percentage that he bought.
Since he had the largest share. I think he should have upper hand in making the decision of adding an edit button to the platform.
 
That is really awesome for Elon Musk. He is always so good at expanding his territories by investing into different businesses. Having such high shares in Twitter is a very big step for him. I am sure he will get wealthier with this. It is just a shame that has not made owner of the platform. He would have made really interesting changes.
 
I really wonder why he buys Twitter when he can easily make his own platform and with his fame and influence people will surely use it. I guess there's benefits he will get because no matter how much he loves memes and jokes he is a businessman that will only do things that will be beneficial to him
 
I heard the news actually and it spread so fast like a wild fire. But I also heard that he has backed off from the whole thing and have given up interest in buying the social media handle, Twitter.
What I heard is that he wanted to own it but what you posted was that he bought a percentage of it, probably that was what he finally decided to do anyways.
 

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