rp5x5
21
Maybe he can rescind all the suspensions.
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DougBH
22
Can Hunter Biden and such still be safe during elections?
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DougBH
23
Still holding on to the âsoggy laptopâ story?
Jezcoe
24
I just want to know how Keith Ablow had a Hunter Biden laptop.
No one seems to know the answer to that.
Do you know what the word majority means? Itâs not 9.2% of something
Rodeo
26
This all seems to have hit a nerveâŚ
I appreciate the laughable commentary.
2 Likes
musk owns 9% of twitter. only under republican math does that mean he âaquiredâ twitter. he nows owns roughly as much as the vanguard mutual fund group. which means he can pretty much do nothing as far as running the company. even wall street doesnt consider his stake to me more than a passive investment, at least until he crosses 10% ownership
it is under republican mathâŚ
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musk is also going to be fined by the SEC for his stake. under SEC rules anyone aquiring more than 5% of a public company has to disclose it within 10 days. musk bought his stake 20 days ago
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Piper
30
What is 100,000 to Musk?
From the article: ââŚbut SEC fines are historically toothless.â
DougBH
31
True enough, by himself. So what is he up to? Is this some money making plan? Does he think he can wield some significant control of what content is allowed? Does he believe he can change current management?
Does he just think the stock is cheap?
Sure am curious.
A majority shareholder owns more than fifty percent.
3 Likes
Rodeo
34
He is one of the largest shareholders in the company, one story I saw said the largest.
I apologize for my in eloquent languageâŚ
It is funny to get lectured about that from the people whoâve been wrong about big important stories so often.
I pledge and promise to do betterâŚmaybe you guys should too.
Piper
36
He is the âbiggest shareholder.â
âElon Musk has taken a 9.2% stake in Twitter Inc. to become the platformâs biggest shareholder, a week after hinting he might shake up the social media industry.â
From Bloomberg news
Piper
38
âThe stake is worth about $2.89 billion, based on Fridayâs market close.â From Bloomberg News
Keep your eyes and ears open and watch the value of the shares of stock. Because Musk owns 9% doesnât mean he wonât acquire more should the valuation goes down and shareholders give the sell order. There is also the distinct possibility some stink ass shareholders sell just because they do not like Musk. Anything is possible.
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There is a very big difference between largest individual shareholder and majority shareholder.
Iâm simplifying things, but a majority shareholder essentially has complete voting control over the company. Musk - while being a large shareholder - is nonetheless a minority shareholder.
I donât know the details of the deal, or of Twitterâs structure. I wonder if heâs going to get a seat on the Board - but even then, itâll only be one.

What exactly are you expecting - or hoping - will happen?
Iâm really amused by the whole Musk-as-Savior, coming to reinstate Trumpâs account thing.
1 Like