Musk just bought 9% of the company's stock, making him its largest shareholder, and is apparently looking for an even bigger stake. Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media company’s board of directors. Twitter needs to be transformed as a private company.”The buyout offer from Musk is just the latest development in his relationship with Twitter. Only Vanguard Group’s suite of mutual funds and ETFs controls more Twitter shares. Musk has been a vocal critic of Twitter in recent weeks, mostly over his belief that it falls short on free speech principles.

Source: The Nation April 15, 2022 00:08 UTC