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Update: He’s now on the board.
Elon Musk becoming the largest shareholder in Twitter certainly raises some eyebrows, but what caused him to make the move? And what could it all mean for Twitter’s future?

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Sources:

https://money.cnn.com/quote/shareholders/shareholders.html?symb=TWTR&subView=institutional

https://www.abc.net.au/news/2022-04-04/elon-musk-buys-9-per-cent-stake-in-twitter/100965686

https://www.smh.com.au/business/companies/elon-musk-buys-stake-in-twitter-to-become-top-shareholder-20220405-p5aatd.html

https://www.pbs.org/newshour/economy/sec-claims-authority-to-subpoena-elon-musk-over-tweets

https://www.barrons.com/articles/tesla-ceo-elon-musk-sec-twitter-51648193760

https://www.bloomberg.com/news/articles/2022-03-29/musk-claims-sec-misconduct-as-he-seeks-end-to-limits-on-tweets

https://www.theverge.com/2022/3/8/22967122/elon-musk-tesla-sec-tweet-court-subpoena-investigation

https://tass.com/world/1427585?utm_source=google.com&utm_medium=organic&utm_campaign=google.com&utm_referrer=google.com

https://interestingengineering.com/11-of-elon-musks-most-controversial-and-surprising-tweets

https://www.engadget.com/the-morning-after-jack-dorsey-misses-the-old-internet-111305456.html

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24 thoughts on “Why Elon Musk Became Twitter’s Largest Shareholder

  1. When a viewpoint like "gay people are predators" is given equal protection to "I am gay & that's good" – well, it can't actually be equal. Because the gay people are going to be less safe. They will be less likely to post or even be present. Rules that disallow hate speech welcome all voices, rules that protect hate speech limit the freedom of speech. Look at the difference between platforms like twitter and 4chan/8chan or Kiwi Farms. Which truly has free speech? The ones with some hate speech moderation.

  2. I have no desire to ever get a Twitter account. What a load of trash and waste of a life. I'm bored of reading about Twitter in the news and even coming up here.

  3. And once again HISTORY/REALITY PROVES THUNDERF00T and COMMON SENSE SKEPTIC RIGHT!!

    EXACTLY as they predicted. The moronic Musk HAD to buy out cancerous Twitter, lest he be sued $1B for breach of contract.

    So Musk has just WASTED $44 BILLION (or whatever he bought Twitter for) on a CANCEROUS USELESS business.

    We Musk-haters, pro-critical thinkers, Antinatalists, Vegans, Atheists, pro-scientists, Greens are LAUGHING at this idiot for just putting himself in the hole. When you can't hack it doing real useful work — making cars that work or doing any real useful engineering that is not solving problems that have already been solved, decades ago, and far better by actual REAL geniuses, MILLIONS of them, in traffic engineering, auto engineering – then you fall back on a social media company.

  4. 8:35 you should also ask "do you think Twitter currently actually believes in fighting misinformation, or do you think it's a pretext to censor and ban and push whatever propaganda they want?"

  5. In the name of fighting misinformation, all of the covid censorships were actually wrong.
    So in the name of fighting misinformation, they propagated misinformation.

    Leftist authoritarians in silicon valley are too ideological to see how hypocritical they are.
    And I certainly don't expect them to follow their own principle and ban themselves for spreading misinformation.
    Such is power – who will watch the watchers? who will ban the banners?

  6. 5:10 that's safety and national security. we already have ways of dealing with that. It's the same category as inciting violence.

    The problem is the stupid social justice warriors who intentionally miscategorize things like words = violence, so that then everything anyone says is treated as a security threat. No, calling a trans person by their original name is not violence, dipshts.

    The problem is the miscategorization, not free speech per se.

  7. 4:50
    If only the closet commies in silicon valley actually understood what Switzerland did and how the American government was designed on John Locke's ideas, developed through observing millenia of power struggles and kings abusing power.

    Communists are the fucking worst.

  8. Finally, some pushback against woke cancel culture ideology. Thanks, Elon. Freedom of speech, due process, and all of the other values of the Enlightenment (i.e. true progress) FTW.

  9. The reason Elon is buying Twitter is because he wants to copy WeChat – he has stated this recently on youtube – shorts – interview with The Kilowatts /shorts/vKJuYlLf0Qc

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