Elon Musk buys 9,2% of Twitter

thegrayman

thegrayman

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Elon Musk has previously made polls on his Twitter and stated he is a free speech absolutist.
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If I were a trannie Janny on Twitter I would be shaking in my boots right about now.

If he actually plans to make Twitter a free speech platform remains to be seen. But he has also railed against censorship in other cases.

If he buys 10% he will have to state his intent, he could also be coordinating to acquire Twitter through a fellowship of owners. (Meaning they could collectively already own more than 10%)

I will keep this thread updated as the situation develops

Kiwi reporter out.

@Null this may be feature worthy news.

Edit 1. The facts!

Elon Musk owns 73,486,938 shares of Twitter according to a 13D/G filing. Making him the largest single investor of Twitter. source

Twitters biggest shareholders:
1. Elon Musk 9,2%
2. Vanguard group 8,8%
3. Morgan Stanley 8,4%
4. BlackRock inc 6,5%

Worth note is that all the companies listed are holding funds for clients through brokerages. Meaning that they don`t necessarily have cohesive influence over the company. This is for complicated reasons related to index investing that shortly explained amounts to index investors not being active investors that show up for meetings etc.
source
Legally speaking Elon would be considered to have considerable influence at 20% of total market cap.

If he is going for 20% of the stock It is to be expected to see the price rise by another 30-50%.
Elon has voting shares and would be very hard to oppose at his current stake of the company.

As of writing this (04.04.2022) his stake is worth 3,636,576,000 $

This is Kiwi news, signing off!
 
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On one hand, this is somewhat of a bold move. Though, on the other hand, trying to make a better version of Twitter in current day will be much more pointless since Big Tech monopolies will do everything to make these platforms broke and sanitized.
 
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A broken clock is right twice a day. Having ambitions, if that is indeed the case, of running the trannies and degenerates off Twitter doesn't change the fact that Elon Musk is a huge faggot. In an ideal world, he'd be facing the same wall as the rest of the Twitter tards. May he forever be plagued with an infected scrotum.
 
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Bookmark Cuck said:
He should post the Nigger word as he can't be banned.
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He would still be banned as he would be breaking Twitter TOS. As the biggest shareholder he is not exempt from the platform rules, he just has influential power to change them. He can for example call a meeting of shareholders and put forth a suggestion for a new TOS. And if passed, the CEO would be forced to implement the new TOS. But something like TOS would typically be handled on a management level. So the CEO of Twitter has final say, and just gets guidelines from the board.
albert the programmer said:
On one hand, this is somewhat of a bold move. Though, on the other hand, trying to make a better version of Twitter in current day will be much more pointless since Big Tech monopolies will do everything to make these platforms broke and sanitized.
Click to expand...
The biggest problem is advertisers, Twitter is not funded by people paying for it. So most of the censorship you see is because of advertisers not wanting to be associated with the problematic views that come out along with free speech. Generally big companies don`t want their ads on politically charged stuff. So unless he finds a way to fix that problem then he is fucked.

Unlike Josh who has problems with payment processors, Elon has enough pull to sue and win. So I doubt Visa and Master Card would dare fuck with him, but you never know. If that happens I imagine it would be relatively simple for him to create an alternative. With Apple and Google play Visa and MC are losing power by the day now anyways.
Al-Abaascaal said:
Why BlackRock Inc it's on every success company? Hell.
BlackRock it's the tru whale on bidness.
Click to expand...
Blackrock and the other are asset management firms, that stake you see are mostly index, mutual and retirement funds. It is listed as an asset on their balance sheet. But canceled out by a liability on the other side to the owners. meaning that they mostly just hold assets for other people. I am however not sure if they are allowed to act as a proxy for their investors in annual meetings.

Beep bop beep bop
Kiwi News!
 
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thegrayman said:
He would still be banned as he would be breaking Twitter TOS. As the biggest shareholder he is not exempt from the platform rules, he just has influential power to change them. He can for example call a meeting of shareholders and put forth a suggestion for a new TOS. And if passed, the CEO would be forced to implement the new TOS. But something like TOS would typically be handled on a management level. So the CEO of Twitter has final say, and just gets guidelines from the board.
Click to expand...
Stop being a no fun allowed faggot.
 
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Always have to remember with Elon Musk. He's a person with zero morals cause he probably had his frontal lobe damaged from all the bullying he got as a kid. So everything he does is complete self interest disguised as "helping everyone". He's gonna make Twitter worth stock double or more in the coming years. Then slowly pull out his shares using everyone who bought into his hype train as exit liquidity. Never listen/do what Elon Musk does.
 
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Beep Beep Beep Du duteru duteru

Welcome to Kiwi News, According to Tweets made by suspect news source Zero Hedge Elon Musk has reached an agreement to not acquire more than 14,9% of Twitter. In other news Elon Musk to be appointed to the board of directors.

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This development spreads fear and dread with the tranny jannies of Twitter. If their fear is justified remains to be seen.

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Now over to you Stacy with the weather, this has been Kiwi News!

*News outro plays*

(Yes I am enjoying myself to much.)
 
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