Elon Musk: Tesla boss becomes the largest Twitter shareholder

Created: 04/04/2022, 14:37

Elon Musk became the largest Twitter shareholder with his latest share purchase.

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Tesla boss Elon Musk keeps making headlines with his posts on Twitter.

Now he has bought Twitter shares of almost ten percent.

San Francisco – Tesla* boss Elon Musk* has become Twitter's largest shareholder.

The tech billionaire holds a 9.2 percent stake, the short message service announced on Monday.

Twitter shares then rose by more than a quarter in pre-market US trading.

Musk is one of the best-known Twitter users with over 80 million subscribers.

Elon Musk: Tesla boss launched free speech poll on Twitter

Just about a week ago, Musk asked Twitter to vote on whether the service strictly adhered to the principle of free speech.

"The consequences of this poll will be significant," he wrote.

In the survey, 70 percent found that, from their point of view, Twitter does not implement freedom of speech consistently enough.

Conservatives and supporters of ex-President Donald Trump in particular have criticized Twitter, among other things, for taking action against incorrect and dubious information about the corona virus *.

Trump is banned from Twitter after his words of support for his supporters who stormed the Capitol on Jan. 6, 2021.

The service has also emphasized that there is no way back for the ex-president.

Elon Musk: The richest person in the world at $273 billion

Musk himself downplayed the dangers of the virus in the early days of the pandemic - and criticized the Covid restrictions in California as "fascist".

For him, Twitter is an important communication channel.

Musk is by far the richest person in the world.

The financial service Bloomberg estimates his fortune at $ 273 billion - mainly thanks to the shares in the electric car manufacturer Tesla and the space company SpaceX.

The stock market value of Twitter was a good 31 billion dollars.