[Moorings]

I don't think he is the majority shareholder of Twitter as the article says. He is the largest shareholder. To become majority shareholder you need to have over 50% of the shares. Musk has about 9%??

At least that is how I understand it.

[chuckee]

Correct, currently he is the largest shareholder with 9.2% of the stock but not a majority shareholder. He initially filed with SEC that he was a passive stockholder. But last week he refiled that he is now an active stockholder with an intent to acquire more stock to potentially take over Twitter. He has enough money to buy it 10 times over.