{"id":46172,"date":"2022-07-30T20:17:10","date_gmt":"2022-07-30T20:17:10","guid":{"rendered":"https:\/\/zeru.com\/blog\/?p=46172"},"modified":"2022-07-30T20:17:10","modified_gmt":"2022-07-30T20:17:10","slug":"how-much-does-elon-own-of-twitter","status":"publish","type":"post","link":"https:\/\/zeru.com\/blog\/how-much-does-elon-own-of-twitter","title":{"rendered":"How Much Does Elon Own of Twitter?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_43 counter-flat ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69ee199f71e44\" class=\"cssicon\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><label for=\"ez-toc-cssicon-toggle-item-69ee199f71e44\"  class=\"cssiconcheckbox\">1<\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69ee199f71e44\" ><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zeru.com\/blog\/how-much-does-elon-own-of-twitter\/#How_Much_Does_Elon_Own_of_Twitter\" title=\"How Much Does Elon Own of Twitter?\">How Much Does Elon Own of Twitter?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zeru.com\/blog\/how-much-does-elon-own-of-twitter\/#92\" title=\"9.2%\">9.2%<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zeru.com\/blog\/how-much-does-elon-own-of-twitter\/#Musk_could_have_imposed_his_will_on_twitter\" title=\"Musk could have imposed his will on twitter\">Musk could have imposed his will on twitter<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zeru.com\/blog\/how-much-does-elon-own-of-twitter\/#Musks_stake_in_twitter_is_four_times_that_of_Dorseys\" title=\"Musk&#8217;s stake in twitter is four times that of Dorsey&#8217;s\">Musk&#8217;s stake in twitter is four times that of Dorsey&#8217;s<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zeru.com\/blog\/how-much-does-elon-own-of-twitter\/#Musks_tweets_about_Teslas_finances_led_to_legal_wranglings_with_the_SEC\" title=\"Musk&#8217;s tweets about Tesla&#8217;s finances led to legal wranglings with the S.E.C.\">Musk&#8217;s tweets about Tesla&#8217;s finances led to legal wranglings with the S.E.C.<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zeru.com\/blog\/how-much-does-elon-own-of-twitter\/#Musk_wants_to_make_twitters_algorithm_and_code_open_source\" title=\"Musk wants to make twitter&#8217;s algorithm and code open source\">Musk wants to make twitter&#8217;s algorithm and code open source<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"How_Much_Does_Elon_Own_of_Twitter\"><\/span>How Much Does Elon Own of Twitter?<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p> <img decoding=\"async\" alt=\"how much does elon own of twitter\" align=\"right\" src=\"https:\/\/i.imgur.com\/K0eTlUI.jpg\" style=\"max-height:244px; max-width:31% width:auto; height:auto; margin:0px 10px;\"> <\/p>\n<p>When you consider that Musk owns 9.2% of Twitter, you might wonder what this means for the company. Despite the fact that the company has four times as much equity as its founder, the stake Musk has in Twitter is significantly greater than Dorsey&#8217;s. In fact, his stake is so large that he could have imposed his will on the company, leading to legal disputes with the S.E.C.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"92\"><\/span>9.2%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tesla CEO Elon Musk recently bought a 9.2% stake in Twitter. The news has triggered a series of reactions, including speculation that the billionaire may start a rival social network. However, it seems unlikely given his history of speculative tweets, which have brought the company into SEC scrutiny. Twitter&#8217;s content moderation policies and lack of regulatory oversight have sparked doubts among some industry analysts.<\/p>\n<p>As of March 14, Elon Musk owns almost 73.5 million shares in Twitter. This stake is worth $2.9 billion based on Friday&#8217;s closing price. That means Elon owns more Twitter shares than Twitter CEO Jack Dorsey or Vanguard Group. But what does this mean for Twitter&#8217;s future? Musk has criticized Twitter&#8217;s free speech policies and defended them in a tweet. The CEO also said that the failure of Twitter to adhere to free speech principles undermines democracy.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Musk_could_have_imposed_his_will_on_twitter\"><\/span>Musk could have imposed his will on twitter<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The incoming CEO of SpaceX and Tesla, Elon Musk, has said that he wants to make changes to Twitter&#8217;s policies, but the company is cagey about the exact details. Musk has made several public statements that are highly critical of the company, including a recent tweet about free speech. However, he has also been critical of Twitter for using sensitive posts about his electric car, Tesla, in inappropriate and legal ways.<\/p>\n<p>Tesla shareholders might view Musk&#8217;s move as a distraction from the company&#8217;s issues, but the situation is much more complicated than that. For starters, Musk could have imposed his will on Twitter by buying 9.2% of the company and putting himself on the board. However, Musk later backed out of his plans to join the board, and instead proposed buying the company outright. The company could have then taken Musk&#8217;s stock private, which would be a significant win for its investors.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Musks_stake_in_twitter_is_four_times_that_of_Dorseys\"><\/span>Musk&#8217;s stake in twitter is four times that of Dorsey&#8217;s<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tesla CEO Elon Musk recently purchased a 9.2% stake in Twitter, making him the largest shareholder. This news sparked a surge in Twitter&#8217;s stock price of 25 percent. Elon Musk&#8217;s stake is four times greater than that of Twitter founder Jack Dorsey, who owns only 2.2 percent. Dorsey stepped down as CEO in November 2021, but is still a board member.<\/p>\n<p>Elon Musk has also invested in Vicarious and Stripe Inc. He also heads companies such as Neuralink, which makes brain chips, and the Boring Company, which builds underground subways. Dorsey has been criticized for not focusing enough on the company. In November, Elliott Management Corp. bought a minority stake in Twitter, arguing that Dorsey was not paying attention to its mission. After a year, Dorsey resigned as CEO. In November last year, his successor, Parag Agrawal, took over.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Musks_tweets_about_Teslas_finances_led_to_legal_wranglings_with_the_SEC\"><\/span>Musk&#8217;s tweets about Tesla&#8217;s finances led to legal wranglings with the S.E.C.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The S.E.C. has filed a complaint against Elon Musk after his tweets about the company&#8217;s finances caused a six percent spike in Tesla stock on August 7. This sparked a massive market disruption. The SEC subsequently retaliated by pursuing Musk in court. However, the case is far from over.<\/p>\n<p>The SEC said that Musk&#8217;s tweets about Tesla&#8217;s financial condition were subject to SEC policy. The SEC lawyer noted that Tesla lawyers did not review the tweet. The tweets were subject to SEC rules and a progressively larger fine. Musk&#8217;s lawyers did not respond to Journal requests for comment. Tesla has not yet responded to the Journal&#8217;s requests for comment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Musk_wants_to_make_twitters_algorithm_and_code_open_source\"><\/span>Musk wants to make twitter&#8217;s algorithm and code open source<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a recent tweet, Elon Musk expressed his interest in buying Twitter for $43 billion. He discussed his reasons for doing so and the changes he plans to make. One change that Musk has suggested is that the algorithm and code should be made open source, allowing anyone to modify it and improve it. However, this proposal is unlikely to be well received by Twitter&#8217;s employees. Some of them are already spooked by Musk&#8217;s plan to join the board.<\/p>\n<p>While this plan may be welcomed by some, it may be met with fierce opposition in some countries. A minimally moderated Twitter might spark a political firestorm in countries with strict laws. Musk has stated that he would match the policies of each country to avoid any misunderstandings. In some cases, this would mean implementing changes that make Twitter more difficult to use in certain countries. But, it might also mean that Twitter would continue to region-lock content and follow country regulations.<\/p>\n<p> <iframe allowfullscreen=\"true\" src=\"https:\/\/www.youtube.com\/embed\/D79wPRtXwms\" frameborder=\"0\" height=\"250\" width=\"448\" style=\"margin:0px auto; display: block;\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Much Does Elon Own of Twitter? When you consider that Musk owns 9.2% of Twitter, you might wonder what this means for the company. Despite the fact that the company has four times as much equity as its founder, the stake Musk has in Twitter is significantly greater than Dorsey&#8217;s. In fact, his stake [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50437,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.7 (Yoast SEO v21.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Much Does Elon Own of Twitter? - Zeru<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zeru.com\/blog\/how-much-does-elon-own-of-twitter\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Much Does Elon Own of Twitter?\" \/>\n<meta property=\"og:description\" content=\"How Much Does Elon Own of Twitter? 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