• Latest
  • All
  • How To
Elon Musk - Tesla

Elon Musk Snaps $2.9B Stake in Twitter, Becomes Its Largest Shareholder

April 4, 2022
Cyber attacks on insurance companies

Kenyan Insurance Companies Ordered to Report Cyber Attacks Within 24 Hours

July 12, 2025
Linkless phishing scams

Linkless Scams Are the New Phishing, Experts Warn

July 12, 2025
Android 16

Android 16 Will Clean Up Your Notifications with Smart AI Grouping

July 12, 2025
Android Canary release channel

Early Access Android Builds Arrive with Google’s Canary Channel

July 12, 2025
DHgate Tablet Cases deals
Japan Internet Speed

Japan Records World’s Fastest Internet Speed at 1.02 Petabits Per Second

July 12, 2025
Bitchat

Jack Dorsey Launches Bitchat, a Bluetooth-Only Messaging App

July 10, 2025
YouTube AI slop is getting demonetized

YouTube Declares War on Low-Effort AI Videos via Demonetization

July 10, 2025
Why Can'y You Register a Safaricom SIM Card After 7 PM

Why You Cannot Register a Safaricom SIM Card After 7 PM

July 10, 2025
Former Safaricom Chief Enterprise Business Officer, Cynthia Karuri-Kropac

Frankline Okata Takes Over as Cynthia Karuri-Kropac Exits Safaricom PLC

July 10, 2025
AI

OpenAI and Perplexity Launch Browsers to Rival Google Chrome

July 10, 2025
Vivo-Y29-4G

Vivo Y29 Launches in Kenya at KES 23,999

July 10, 2025
galaxy z fold7-galaxy z flip7-samsung

Samsung Unveils Galaxy Z Fold7 and Z Flip7 with Bigger Screens

July 10, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

Elon Musk Snaps $2.9B Stake in Twitter, Becomes Its Largest Shareholder

George Kamau by George Kamau
April 4, 2022
in News
Reading Time: 3 mins read
259
0
Elon Musk - Tesla

Tesla CEO Elon Musk has taken a $2.89 billion stake in Twitter which makes him its largest shareholder. He constantly complains about free speech on social media platforms and even hinted at starting his own.

Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy.

What should be done? https://t.co/aPS9ycji37

— Elon Musk (@elonmusk) March 26, 2022

Elon took a 9.2% stake in Twitter comes after he shared a poll on Twitter asking if the social media platform rigorously adhered to the principle of free speech.

The consequences of this poll will be important. Please vote carefully.

— Elon Musk (@elonmusk) March 25, 2022

It’s worth noting that this is a passive investment according to the SEC filing dated March 14th which means he can’t influence who controls it and can’t acquire control of the company.

For comparison, Jack Dorsey owns 2.25% of Twitter.

It’s unclear how the 50-year-old will put his money to work

This announcement raised Twitter share price on the NYSE.

Twitter recently got a full-time CEO Parag Agrawal after Jack Dorsey left late last year.

The new CEO has revamped how Twitter introduces new features since he took the reins promising to launch new features much faster.

Twitter has been under pressure to increase its revenues and user growth.

Here are some of the best reactions

ELON MUSK TO INCREASE TWEETS TO 420 CHARACTERS

— Ivan the K™ (@IvanTheK) April 4, 2022

"Passive" stake or no, this is Elon going after Twitter. And I wonder if he'd have done so if Jack (i.e., a founder) was still in charge.

— Dan Primack (@danprimack) April 4, 2022

If we don’t see a @Twitter logo on the side of a @SpaceX rocket shortly I’ll be disappointed.

Ps – @elonmusk can we get an edit button, thanks. https://t.co/0WbpKvO6A1

— Aurora Intel (@AuroraIntel) April 4, 2022

Update: he bought it https://t.co/E2J6v9Qcdp

— Dr. Parik Patel, BA, CFA, ACCA Esq. (@ParikPatelCFA) April 4, 2022

Twitter investors didn’t like that Jack Dorsey had to split his time between Square and Twitter, so I’m sure they’d love the idea of an owner with no distractions whatsoever https://t.co/ma3foeCX9R

— Alex Sherman (@sherman4949) April 4, 2022

Tech Habits to Adopt in 2022

Articles in this stream

Here’s how to protect your privacy and stay secure on:

  • Facebook
  • Twitter
  • Instagram
  • WhatsApp
  • Signal
  • TikTok
  • Google, Microsoft, Apple, Linkedin, Yahoo, and Amazon
Tags: Elon MuskX (Twitter)
SendShare147Tweet92
George Kamau

George Kamau

I brunch on consumer tech | [email protected]

Related Posts

Former X CEO, Linda Yaccarino

Linda Yaccarino Steps Down as CEO of X After Two Years

July 9, 2025
Hashtags on X

Musk Drops Hashtags From Paid Posts on X

June 27, 2025
Kenya's Government Censors X for Global Image

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

June 25, 2025
XChat

X Unveils XChat with Encrypted Messaging and Calls

June 3, 2025
Tanzania Blocks X, Arrests Opposition Leaders

X (Twitter) Goes Dark in Tanzania

June 25, 2025
Tanzania Police X Account

Tanzania Police X Account Hacked Amid Rising Political Tensions

May 21, 2025

Latest

Cyber attacks on insurance companies

Kenyan Insurance Companies Ordered to Report Cyber Attacks Within 24 Hours

July 12, 2025
Linkless phishing scams

Linkless Scams Are the New Phishing, Experts Warn

July 12, 2025
Android 16

Android 16 Will Clean Up Your Notifications with Smart AI Grouping

July 12, 2025
Android Canary release channel

Early Access Android Builds Arrive with Google’s Canary Channel

July 12, 2025
Japan Internet Speed

Japan Records World’s Fastest Internet Speed at 1.02 Petabits Per Second

July 12, 2025
Bitchat

Jack Dorsey Launches Bitchat, a Bluetooth-Only Messaging App

July 10, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

Kenyan Insurance Companies Ordered to Report Cyber Attacks Within 24 Hours

July 12, 2025

Linkless Scams Are the New Phishing, Experts Warn

July 12, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

Actors and Film Crews Are Worried About Veo 3 Taking Their Jobs

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

More News

YouTube Declares War on Low-Effort AI Videos via Demonetization

Why You Cannot Register a Safaricom SIM Card After 7 PM

Frankline Okata Takes Over as Cynthia Karuri-Kropac Exits Safaricom PLC

OpenAI and Perplexity Launch Browsers to Rival Google Chrome

Vivo Y29 Launches in Kenya at KES 23,999

Samsung Unveils Galaxy Z Fold7 and Z Flip7 with Bigger Screens

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.