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

Pakistan is interested in buying medicine from Bangladesh

Syed Ahmed Maruf, the High Commissioner of the country appointed in Dhaka, said that Pakistan is interested in importing medicines from Bangladesh. The High Commissioner said that Bangladesh is in a very good position in the pharmaceutical industry.

Dr. Muhammad Yunus Among Top 10 Personalities of the Year by Nature

Chief advisor. Muhammad Yunus Photo: Nature.comIn a remarkable achievement that highlights the intersection of science, social innovation, and global impact, Dr. Muhammad Yunus, the Bangladeshi Nobel Peace Prize laur...

Intel Resuming Free Coffee and Tea After 15,000 Employee Layoffs

After cutting several employee benefits in an effort to save money, Intel has announced that it will once again provide free coffee and tea to its staff. Intel made the decision to fire 15,000 employees in August of this year. Intel reduced a nu

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