Business Habit

Elon Musk has a 9.2% stake in Twitter

Business Habit ⋅ @businesshabit ⋅ Apr 04, 2022

Tesla and SpaceX chief Elon Musk Photo: Reuters

Tesla Chief Executive Officer (CEO) Elon Musk has a 9.2% stake in Twitter. The information came in a document sent to policymakers on Monday. As a result of this news, the share price of the microblogging site has increased by 16 percent today. News Reuters.

In a tweet in late March, Musk called on his followers to comment on whether a new social media platform could be launched. Mentioning the importance of free speech for a functioning democracy, he asked in the survey, does Twitter save free speech? The 'no' vote in the post was 70.4%. At that time many people thought that maybe the founder of Tesla and SpaceX is going to bring a new social platform.

Musk, regularly posted on Twitter, has been seen sharply criticizing social media platforms in recent days. He blamed them for failing to protect democracy and freedom of expression. Meanwhile, the head of Tesla has 9.2 percent shares in Twitter.

Category and Tags

Entrepreneur Elon Musk, Elon Musk Stake In Twitter, Twitter

More stories by Business Habit

What are specified small mopeds in Japan?

In Japan, "specified small mopeds" (often referred to as tokutei kogata nirin or 特定小型二輪) are a category of very low-power, low-speed two-wheeled vehicles. This classification is part of Japan's efforts to make micro-mobility more accessib

why Japanese corporations are declining?

The combination of structural and economic competitiveness challenges in recent decades has led to a decline in Japanese firms Here are the main reasons for their decline.1. An aging population and a shrinking workforce:Japan’s population problem i

Is there an actual Tesla phone?

Although Tesla has refuted any plans to release a smartphone, rumours continue. It might be a logical progression of the business's connected auto ecosystem, according to analysts.There are a lot of rumours on the internet about a Tesla phone that is

Exploring "Social Business Misconception: Insights into Muhammad Yunus’s Social Business Theory"

Social business has emerged as a groundbreaking concept for addressing pressing societal challenges through self-sustaining business models. Pioneered by Nobel Peace Prize laureate P...

Hazrat Shahjalal International Airport should be renamed as Dhaka Airport

The debate around renaming Hazrat Shahjalal International Airport to "Dhaka Airport" often stems from a few key reasons:International Recognition: "Dhaka" is a globally recognized name, and using it in the airport's name could make it easier for inte