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Elon Musk Takes 9.2% Stake in Twitter — He Will NOT Be a Passive Investor

This is likely the biggest news to hit the tech world ever. For the first time that I can remember — a very wealthy (wealthiest) and seemingly independent minded billionaire who has challenged big tech’s liberally biased censorship by not only speaking out against it — but also taking a large monetary stake in it, vis a vis Musk buying a 9.2% stake in Twitter.

If you think he’s buying it for his kids — guess again.

I’m not naive and I understand Elon isn’t ‘one of the boys.’ Nevertheless it seems he is at least on the side of freedom of expression and views the policies enacted by Twitter as reviling. The ramifications of Musk taking a stake in Twitter will be profound, as far as making change on the platform, and all for the better — from an investment point of view. Shares of Twitter are up more than 20% on the session, but still off by 40% from record highs.

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4 comments

  1. traderconfessions
    traderconfessions

    Shouldn’t he be helping orphans somewhere rather than swinging around his billions dollars balls like a drunk troll because Twitter hurt his feelings? Anyone who thinks Musk gives a shit about free speech and democracy is a dope.

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    • purdy

      If he’s sincere, I can’t think of a better use of his money in light of the systemic censorship that we’ve seen since 9/11.

      Question is: If he really wants free speech …will they JFK him?

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      • john galt

        Right, very pivotal. Ready to see it unfold.

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      • traderconfessions
        traderconfessions

        You think he gives a fuck about your free speech? LOL. He’s a preschooler who doesn’t want to follow rules. But thank you for the JFK part… love conspiracy ramblings.

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