Elon Musk has acquired 9.2% of the shares at Twitter, making him the company's largest shareholder. This $3 billion purchase comes on the heels of some staunch criticism that the heralded businessman had about the platform, last month, and the way in which it sensors posts from certain groups and individuals.
Now that the South African native has a stake in the company nearly four times the amount of its former CEO, Jack Dorsey, many conservatives are already calling for him to reinstate Donald Trump's account. Indeed, major changes may be coming to Twitter soon, which according to CFRA Analyst Angelo Zino, may also include new ownership.
"Musk's actual investment is a very small percentage of his wealth, and an all-out buyout should not be ruled out," said the New Yorker.
Upon news of Musk's recent transaction, Twitter's stock is soaring, according to reports.
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Source: Hot New Hip Hop
