Twitter's future could become very interesting considering Elon Musk's recent ownership of 9.2% of the company, and his more recent decision not to join the board after all, which leaves open the possibility he may engage in a hostile takeover of the company. If he were to be on the board he would be limited to just under 15% ownership. Even if he takes his position to say, 25%, he essentially owns the company and can do what he wants with it. As an investment I do not like the company. But it would be interesting to see what Musk might do with it if he takes control of it.
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5 comments
I’m hoping he dose it would make things very interesting.
I kind of like his proposal to go ad less as well by charging users $3 a month—his thought is that if the company's loyalties are to the customer as opposed to the advertisers, it would mean less policy control interest in how they operate. Either way, it is rather interesting.
I didn't like the idea of him purchasing twitter in the first place, only who knows what's going on in his head.
From most of what he has stated as a reason, I agree with him on this one.
Well, just getting more dogecoins would be a nice idea.