Maverick's Machinations: Musk, No Longer Twitter's Largest Shareholder, Gets Shot Down By Saudi Arabia's KHC; Will He Succeed In His Bid?

Swararjyamag ^ | 04 15 2022 | Staff

[yesthatjallen]

Did someone make a phone call?

[yesthatjallen]

"I made an offer

Will endeavor to keep as many shareholders in privatized Twitter as allowed by law"

Elon Musk Twitter

[jonrick46]

“Elon Musk has been bumped off the perch as Twitter’s largest shareholder: Asset manager Vanguard Group recently upped its stake in the social-media platform and now owns 82.4 million shares of Twitter, or 10.3% of the company.”

https://twitter.com/WSJ/status/1514674876942069772

[Bob434]

MGTA, Make Twitter great again

[SaveFerris]

Twitter is currently helping to destroy America.

Perhaps some don’t want that to stop by allowing actual free speech.

[drSteve78]

As long as Elon Musk gets the twitterites’ panties in a twist, not seeing how that’s a bad thing.

[Larry Lucido]

“MGTA, Make Twitter great again”

Ummm....

[Larry Lucido]

Gee, it would be a shame if he only got 51% and saved a bunch of money, wouldn’t it?

[Arcadian Empire]

Elon should cash out at a profit and start his own social network.

The Freedom Network sounds good.

[Bob434]

ok- MTGFO= Make Twitter Great for once

[logi_cal869]

Naw. Let it rot.

I can’t wait to see if Musk will announce something stunning as to its alternative in the coming days.

[yesthatjallen]

Twitter (TWTR) investor group tops Elon Musk as largest shareholder with 10.3% stake

The Vanguard Group was already invested in Twitter and recently increased its stake to 82.4 million shares, or 10.3 percent of the company.

[logi_cal869]

Buying out Truth Social and making it bigger than Twit would please me.

[BookmanTheJanitor]

[Pelham]

Once an internet system achieves ‘network effect’ and ‘market power’ it’s nearly impossible for a new entrant to dislodge them. Money alone can’t overcome those advantages. This is why we haven’t seen any serious rivals to Facebook or Amazon or Twitter and it’s unlikely that we will. Musk knows this, and it’s why he is going after Twitter.

[Arcadian Empire]

MySpace was once the default social network but then Facebook sent it into obscurity.

[DesertRhino]

Vanguard might face some investor lawsuits for not grabbing that huge profit. Someone will find a route.

[yesthatjallen]

“Better to reign in Hell than serve in Heaven”?

[Larry Lucido]

That works :-)

[jonrick46]

We will see what Musk’s next move will be.