Elon Musk has bought a 9.2 per cent interest in Twitter Inc, becoming the platform's largest investor. The most recent news sparked a meme frenzy on the social media handle.
Elon Musk has bought a 9.2 per cent interest in Twitter Inc, becoming the platform's largest investor. This comes only a week after he hinted that he would have a significant influence on the social media business. The most recent news sparked a meme frenzy on the social media handle.
Elon Musk going to Twitter’s next board meeting after buying 9.2% of the company! 😆🚀 pic.twitter.com/1YLKhvlDxa
— Harsh_Parikh (@HarryPuttr)Elon musk is like the new Trump of twitter! Except that can’t suspend his account😂😂
— Jermaine Bowe (@djbowe1)Twitter Elon Cloud Here pic.twitter.com/DyLLAEkrwe
— Chris Perez (@chrispy_perez)Elon Musk at Twitter’s next board meeting after buying 9.2% of the company pic.twitter.com/3wx2JxKkZx
— Dr. Parik Patel, BA, CFA, ACCA Esq. (drpatel.eth) (@ParikPatelCFA)Also Read | Elon Musk acquires 9.2% stake in Twitter, worth over $3 billion
Elon Musk walking into the twitter boardroom like… 😂 pic.twitter.com/DZePszUP1B
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)Twitter: We are focusing on Spaces: pic.twitter.com/eI655rUsUC
— Sagar (@sagarcasm)Elon Musk has purchased 9% of Twitter. pic.twitter.com/ZDIljfg0Q6
— Pomp 🌪 (@APompliano)
Also Read | Elon Musk dances as he hands over Teslas from new German Gigafactory
This comes barely a month after Musk polled his more than 80 million Twitter followers, asking if the corporation conforms to free speech ideals. When more than 70% of individuals responded no, he inquired whether a new platform was required. He also indicated that he was really considering creating his own.
Musk has stated in tweets that he is seriously considering launching a social media network since Twitter is "failing to adhere to the free speech ideal."
Twitter is under pressure to develop new things more quickly. To persuade sceptics that it was serious about growing its business, the corporation established lofty revenue and user growth targets. While Twitter has been gradually growing for years, its stock has lagged behind others in the sector.