According to a Monday filing with the Securities and Exchange Commission, Tesla CEO Elon Musk bought a 9.2 percent stake in Twitter Inc. Let’s see How much did Elon Musk pay for Twitter.
Musk’s purchase comes less than a week after the billionaire chastised Twitter for failing to uphold free speech.
“Because Twitter is the de facto public town square, failure to adhere to free speech norms fundamentally damages democracy,” Musk tweeted on March 26. “How should we proceed?”
He later tweeted, “Is a new platform required?”
Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy.
What should be done? https://t.co/aPS9ycji37
— Elon Musk (@elonmusk) March 26, 2022
Many of Musk’s roughly 80 million Twitter followers urged him to purchase Twitter outright or develop his own platform at the time.
Christina Pushaw, the press secretary for Republican Florida Governor Ron DeSantis, tweeted, “Buy this one!”
Yes. Buy twitter or please build one. Save the country from these psycho Silicon Valley libs
— Buck Sexton (@BuckSexton) March 26, 2022
Buck Sexton, a conservative radio broadcaster, tweeted at the time, “Yes.” “Either buy a twitter account or create one.” “Save the country from these libs from Silicon Valley.”
Musk then tweeted that he was “seriously considering” the possibility of developing a new platform.
Musk has yet to make a public announcement on the acquisition of his almost 10% ownership in Twitter.
In recent years, Twitter has regularly suppressed conservative viewpoints. The Babylon Bee, a conservative satire blog, was kicked off Twitter after playfully awarded Biden administration official Dr. Rachel Levine the “Man of the Year” title. Levine identifies as a woman who is transsexual.
Links to a New York Post article disclosing the contents of Hunter Biden’s laptop were similarly prohibited from being shared on Twitter. While some criticised the report at the time as Russian disinformation, both the New York Times and the Washington Post have since admitted that it was correct.
He also had a fit last week after Twitter removed some more insane posts he had made that violated the platform’s TOS. Guess he decided to follow up his tantrum with a hostile takeover of the company so he can dismiss any Twitter execs who don’t make it an internal policy that the TOS doesn’t apply to Elon Musk tweets.
How much did Elon Musk pay for Twitter?
Following the revelation on Monday, Twitter’s stock soared by more than 25%. Musk now owns approximately 73.5 million shares of Tesla, making him the company’s largest shareholder, with individual shares trading at $49.81 on Monday morning.
Means Elon Musk paid round around,
73.5 million × $49.81 = $3.661035 Billion
Hopw you getthe answer to How much did Elon Musk pay for Twitter.
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