Elon Musk now owns a 9.2 percent stake in Twitter
the settlement, saying that the SEC overstepped its authority. He's asking a federal judge to terminate his agreement requiring some tweets to be vetted by a lawyer.last week with the question"Do you believe Twitter rigorously adheres to this [freedom of speech] principle?" He also mused about the idea of starting his own social media platform, saying he was giving it"serious thought.
" , Musk said that"the consequences of this poll will be important," and that prediction has now apparently come true. His stake in Twitter is still a passive one, but he could up the stakes somewhat."This eventually could lead to a buyout," analyst Dan Ives told. Twitter shares have reportedly surged more than 25 percent in premarket trading, according toAll products recommended by Engadget are selected by our editorial team, independent of our parent company.
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Elon Musk buys large stake in TwitterNEW: Elon Musk has bought a 9.2% stake in Twitter, according to a regulatory filing released today. He criticized the company last month for 'failing to adhere to free speech principles.'
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