Musk responds to netizens' opinions? Holds 9.2% of Twitter shares, far more than the founder, pre-market stock price rises by over 24%
According to documents filed with the U.S. Securities and Exchange Commission, Tesla founder Elon Musk holds 9.2% of social media platform Twitter's stock, far exceeding founder Jack Dorsey's 2%. Following the disclosure, Twitter's stock surged over 24% in pre-market trading.
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According to the documents filed with the U.S. Securities and Exchange Commission, Tesla's founder Elon Musk holds 9.2% of the social media platform Twitter, which is significantly more than founder Jack Dorsey's 2%. Following this disclosure, Twitter's stock surged over 24% in pre-market trading.
Looking back to March 25th, Elon Musk, founder of Tesla, conducted a poll on Twitter, asking, "Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?" He also emphasized the importance of the poll results and urged people to vote carefully. The final results showed that 70% of the opinions were "No".
The next day, Musk tweeted, "Given that Twitter serves as a public square, but does not adhere to the principles of democracy, what should we do? Do we need a new platform?" This sparked discussions within the community, speculating whether Musk was considering establishing a new social media platform.
However, based on the documents, it appears that Musk had already purchased Twitter shares before conducting the public opinion poll, back on March 14th. Even earlier, on March 5th, he had expressed his views on freedom of speech. Musk mentioned that his satellite internet company, Starlink, had been asked by some governments to block news sources from Russia, but as a staunch advocate for absolute freedom of speech, he disagreed with such requests.
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