Elon Musk Purchases Large Stake in Twitter

Tesla CEO Elon Musk has no problem stirring things up.

Often siding with conservatives, he has become a target of the left.

He just made a move that may change that very soon, and liberals are not happy.

Just Buy It

What do you do when you do not like the way a company is treating you?

If you are someone like Elon Musk, you can try to drive them out of business, or just take the company over.

It would appear that Musk has decided on the latter here.

On Monday, reports broke that Musk has purchased a 9.2 percent stake in Twitter.

That amounts to just shy of $3 billion in stock.

It has already paid off, however, as the stock has jumped more than 25 percent since word got out that Musk is now all-in.

At 73.5 million shares, Musk would be the largest public stockholder of the company.

The purchase comes after Musk launched a series of attacks against Twitter over the last week or so…

How this will impact Twitter remains to be seen, and Musk has not given up the tapes on why he made such a large purchase.

Seeing how Musk has done things in the past, I have to believe he has an endgame here.

If it is what I think it will be, the liberal heads of state at Twitter better start packing their bags.

Source: Fox Business


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