Social Media Giant Gains New Majority Stockholder

Share:

Tesla and SpaceX creator Elon Musk has acquired a new title: Twitter’s largest shareholder.

News of the entrepreneur’s financial grab comes just days after he took to Twitter to question the Left-leaning platform’s approach to free speech, even asking if he needed to create a new social media site himself.

Several Right-leaning Twitter users urged Musk, 50, to buy Twitter. It appears he took their prompting to heart.

According to a filing from the U.S. Securities and Exchange Commission, Musk purchased a 9.2% stake in Twitter, Inc., meaning he now controls roughly 73.5 million shares in the company, making him the largest shareholder of the brand, Fox Business reported.

Twitter’s shares jumped more than 25% in the wake of the Monday morning news and individual stocks were priced at $49.81 each, according to the news outlet.

Among those who told Musk to purchase Twitter were Christina Pushaw, press secretary for Republican Florida Gov. Ron DeSantis and conservative radio host Buck Sexton, who wrote, “Save the country from these psycho Silicon Valley libs.”

Musk tweeted in response that he was giving “serious thought” to creating a new social media space.

For the rest of this article, visit our content partners at Faithwire.com. {eoa}

Reprinted with permission from Faithwirecom. Copyright © 2022 The Christian Broadcasting Network Inc. All rights reserved.

Read articles like this one and other Spirit-led content in our new platform, CHARISMA PLUS.

Share:

Leave a Reply


More Spiritual Content
Chris Reed Issues Prophetic Call to Prayer Amid Northeast Drone Sightings
Entertainment Over Gospel? Nick Vujicic Urges the Church to Right the Ship
Vatican Removes Nativity Scene Portraying Baby Jesus Laying in Manger with Palestinian Keffiyeh
John and Lisa Bevere: Is Jesus’ Return on Your Radar?
Trump’s Return as Time Person of the Year and the Decline of Legacy Media
Did Jesus Reveal Tribulation Events During a Near-Death Experience?
Google’s Nonbinary Christmas Ad Strays Far from the Reason for the Season
‘The Chosen’ Reveals Epic Season 5 Sneak Peek
John Ramirez: The Secrets to Spiritual Warfare
Man Storms Church’s Live Nativity, Allegedly Wanting to ‘Kill Everyone,’ Police Say
previous arrow
next arrow
Shadow

Most Popular Posts

Latest Videos
86.8K Subscribers
1.1K Videos
8.7M Views

Share