Elon Musk

2022 - 4 - 4

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Elon Musk Buys a Large Stake in Twitter (The New York Times)

The purchase makes the Tesla chief executive, who has been critical of Twitter's content moderation policies, its biggest shareholder.

Mr. Musk has criticized the company in recent weeks for failing in his view to adhere to free speech principles, and he has openly considered starting a social network of his own that would be open source. But there was also speculation Monday that he could change the status of his investment, continue buying shares or even try to acquire the company outright, today’s DealBook newsletter reported. Mr. Dorsey, who is friendly with Mr. Musk, is expected to leave the Twitter board in May.

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Elon Musk is now Twitter's largest shareholder (The Washington Post)

The Tesla chief snapped up 73 million shares weeks after questioning the social media platform's commitment to free speech.

“Defending against the SEC’s action through protracted litigation was not in the interests of the company and its shareholders. “Tesla was a less mature company and the SEC’s action stood to jeopardize the company’s financing,” Musk said in a recent legal filing. Though the shareholders did not win in their 2020 campaign to oust Dorsey, his surprise announcement that he was stepping down last December was viewed as a win for shareholders wanting to make Twitter a less chaotic place. Musk sold billions worth of Tesla shares in 2021, making much of his wealth — previously tied up in Tesla stock — liquid for the first time. Supporters of former president Donald Trump, who have attacked Twitter for permanently banning him and other allies, praised Musk on Monday, with some saying that he should force the company to reinstate Trump’s account. Some worried that the freewheeling Musk, who has promoted misinformation about the coronavirus and decried “censorship,” would push Twitter in a libertarian direction, away from blocking or restricting accounts that cause social harm.

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Elon Musk just became Twitter's largest shareholder (knkx.org)

The ultimate aim of Musk's $2.9 billion share purchase is not clear. Yet in recent weeks Musk has questioned free speech on Twitter and whether the platform ...

SEC attorney Melissa Armstrong called Musk's challenge "frivolous," and pointed out that Musk and Tesla agreed to have his tweets pre-approved by other company officials. But some of the money could have been used to buy the Twitter stake. They seek all written communications concerning the Nov. 6 tweets and whether they were shown to Tesla lawyers for pre-approval. The SEC disclosed that it is investigating Musk's Nov. 6, 2021 tweets that asked followers whether he should sell 10% of his Tesla stake. Early in March, Musk asked Judge Alison Nathan to nullify an SEC subpoena and throw out the settlement agreement. The ultimate aim of Musk's 73.5 million share purchase worth $2.9 billion, based on the closing price Friday, is not clear.

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Daily Crunch: Twitter stock price soars after Elon Musk acquires 9.2 ... (TechCrunch)

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Tesla CEO Elon Musk Acquires 9.2% Stake in Twitter (Investopedia)

Tesla CEO, Elon Musk, acquires 73 million shares or a 9.2% passive stake in Twitter.

However, the SEC has been unable to conclusively affirm that any of Musk's tweets fall under the jurisdiction of that rule. According to this rule, any tweet that contains information that should have been disclosed through an SEC filing, such as a 10-K or 10-Q, must be cleared in advance. In 2018, the SEC found that Musk's disclosure controls and procedures were inadequate, as his tweets about taking the shares private were found to have moved the stock price.

Tesla CEO Elon Musk takes a 9% stake in Twitter (Bay to Bay News)

Musk's stake in Twitter is considered a passive investment, which means Musk is a long-term investor that's looking to minimize his buying and selling of the ...

Musk's revelation about his stake in Twitter shares comes two days after Tesla Inc. posted first-quarter delivery numbers. Early last month, Musk asked a federal judge to nullify a subpoena from securities regulators and throw out a 2018 court agreement in which Musk had to have someone pre-approve his posts on Twitter. U. S. securities regulators said they had legal authority to subpoena Tesla and Musk about his tweets, and that Musk’s move to throw out a 2018 court agreement that his tweets be pre-approved is not valid. Musk told is more than 80 million followers on Twitter that he was “ giving serious thought " to creating a rival social media platform and has clashed repeatedly with financial regulators about his use of Twitter.

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Elon Musk compra el 9,2% de Twitter y se convierte en el mayor ... (CNN)

Cada vez que un inversor compra el 5% o más de las acciones de una empresa, debe revelar la compra en los archivos de la Comisión de Valores y Bolsa. Aunque una ...

"¿Qué hay que hacer?" Como hace con la mayoría de sus anuncios, reveló ese posible movimiento en un tuit. Ese tuit y la posterior compra de acciones se producen después de las últimas críticas de Musk a Twitter, en las que afirmaba que la plataforma no permite la libertad de expresión.

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¿Elon Musk es ahora 'dueño' de Twitter? ¿Qué implicaciones tiene ... (El Financiero)

La participación de Musk en Twitter es considerada una inversión pasiva, lo que significa que es un inversor de largo plazo que intenta minimizar la ...

Tiene una fundación, la Fundación Musk, que históricamente ha otorgado menos de 50 millones de dólares al año, en gran parte a fondos asesorados por donantes. Twitter es particularmente vulnerable a la presión externa porque, a diferencia de Google, Facebook, Amazon y Snap, los fundadores de la empresa no tienen un control de voto especial sobre su futuro. para cubrir el costo de lo que dijo que era una factura de impuestos de 11 mil millones de dólares relacionada con el ejercicio de opciones. Musk no posee mucho en cuanto a bienes raíces después de vender varias mansiones en California y prometer “no ser dueño de casa” en 2020. Antes del viernes, la mayor parte del patrimonio neto de Musk estaba vinculado a acciones y opciones en Tesla, donde es director ejecutivo. Su oficina familiar, Excession, está a cargo del asesor de larga data Jared Birchall, ex banquero de Morgan Stanley, y es relativamente pequeña en comparación con otros multimillonarios.

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Elon Musk se vuelve el principal accionista de Twitter (Los Angeles Times)

El director general de Tesla, Elon Musk, adquiere un 9% de las acciones de Twitter y se convierte en el mayor accionista de la red social.

En noviembre, Jack Dorsey dejó el cargo de director general. Ningún director general se negaría a recibir una llamada del máximo accionista de la empresa, por lo que la compra le da a Musk acceso a la alta dirección de Twitter, señaló. No está claro el objetivo de la compra de 73,5 millones de acciones por parte de Musk, valoradas en 3.000 millones de dólares, pero a finales de marzo Musk, que tiene 80 millones de seguidores en Twitter, criticó la libertad de expresión en Twitter y cuestionó si la plataforma está socavando la democracia.

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Elon Musk compra parte de Twitter. Adquiere 73.5 millones de ... (Dallas Morning News AldiaDallas)

El director general de Tesla, Elon Musk, adquirió 9.2% de participación en Twitter al comprar aproximadamente 73.5 millones de acciones, según un reporte...

Hace dos días, la automotriz Tesla Inc. publicó cifras de entregas desfavorables para el primer trimestre. Musk se ha enfrentado a reguladores por la forma en que se comunica en Twitter. La participación de Musk en Twitter es considerada una inversión pasiva, lo que significa que es un inversor de largo plazo que intenta minimizar la compra-venta de acciones.

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Elon Musk thumbs his nose at the SEC again with Twitter stake (CNBC)

Fines for late disclosures have historically been in the $100,000 range — a drop in the bucket for Musk, the world's wealthiest man. The Tesla CEO has a long ...

An equivalent fine to a median American household would be about 3 cents.Musk's intentions with his large stake are unclear. The median net worth of a U.S. household is about $122,000. The Securities Exchange Commission has another reason to come after Elon Musk. The world's richest man disclosed Monday that he's acquired a 9.2% stake in Twitter, sending the social media company shares up more than 28% in afternoon trading.The filing marks Musk's accumulation of common shares to March 14.

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Elon Musk's 'Passive' Stake in Twitter Belies His Big Influence (Bloomberg)

When Elon Musk disclosed his stake in Twitter Inc., he had a choice. Shareholders who intend to remain “passive” -- those who don't seek to influence or ...

The rule applies to anyone acquiring 5% or more of a public company’s stock. Shareholders who intend to remain “passive” -- those who don’t seek to influence or change control of a company -- file a shorter form with the U. S. Securities and Exchange Commission, called a 13G. Those angling for board seats or seismic shakeups typically file a longer and more in-depth form, a 13D, within 10 days of buying their stake.

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Elon Musk se vuelve el principal accionista de Twitter (Santa Maria Times)

Elon Musk, director general de Tesla, adquirió el 9% de participación en Twitter y se convirtió en su principal accionista, aunque ha puesto en duda el ...

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Elon Musk, Twitter's largest shareholder, polls followers for an edit ... (The Verge)

Elon Musk has polled his 80 million followers about whether they'd like to be able to edit their tweets, after becoming Twitter's biggest shareholder.

Twitter’s former CEO Jack Dorsey said that the company would “probably never” add an edit button in an interview in early 2020. The so-called “edit button” has been one of the most commonly requested features of the social media platform. Twitter’s new CEO Parag Agrawal subsequently quote-tweeted Musk’s poll to say that “The consequences of this poll will be important.

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Elon Musk compra casi 10% de acciones de Twitter y ahora es el ... (Xataka México)

Elon Musk ha comprado 9.2% de acciones de Twitter, de acuerdo con un registro en la Comisión de Bolsa y Valores de Estados Unidos. De esta manera, el CEO de ...

De acuerdo con la publicación, Musk compró las acciones el pasado 13 de marzo. Además, Musk dijo en un tuit siguiente que las consecuencias de esa encuesta "serán importantes" e invitó a votar con cuidado. Elon Musk ha comprado 9.2% de acciones de Twitter, de acuerdo con un registro en la Comisión de Bolsa y Valores de Estados Unidos. De esta manera, el CEO de Tesla se convierte en la persona "con más poder en Twitter", al ser el accionista mayoritario de la compañía.

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Elon Musk asks Twitter users if they want an edit button; shares rise ... (CNBC)

Twitter CEO Parag Agrawal retweeted Musk and urged people to “vote carefully” as the consequences “will be important.” Musk posted the poll just hours after his ...

"Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy," Musk tweeted March 26. On April 1, or April Fools' Day, Twitter tweeted a message through its official account saying that it was working on an "edit" button. The rise comes hot on the heels of Twitter's best day of trading since its IPO in 2013, with shares surging over 27% on Monday.

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Elon Musk Joins Twitter Board (The New York Times)

After becoming Twitter's largest shareholder, Elon Musk, Tesla's chief executive, is joining the company's board of directors.

The news sent Twitter’s shares skyrocketing more than 20 percent on Monday. Mr. Musk had been quiet on his intentions for the purchase, which was worth about $2.9 billion before it was disclosed but has risen sharply in value since. Twitter’s stock rose more than 6 percent in premarket trading on Tuesday after the news of Mr. Musk’s board appointment.

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Elon Musk to join Twitter's board (ABC News)

Elon Musk is joining Twitter's board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform.

Musk has not spoken specifically about any Twitter rule changes he might push. He has also raised the possibility with his massive and loyal Twitter following, that he could create a rival social media network. Elon Musk is joining Twitter’s board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform

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Elon Musk pregunta en Twitter por el polémico botón de edición (Digital Trends Español)

El magnate lanzó una encuesta preguntando a sus más de 80 millones de seguidores si les gustaría ver un botón de edición en la red social.

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Elon Musk to join Twitter's board, teases 'significant improvements' (FOX 2 Detroit)

Elon Musk is joining Twitter's board of directors after it was disclosed that the Tesla CEO took a 9% stake in the social media platform.

The SEC also disclosed that it is investigating Musk’s Nov. 6, 2021 tweets that asked followers whether he should sell 10% of his Tesla stake. The settlement came after the SEC brought a securities fraud charge. "He’s both a passionate believer and intense critic of the service which is exactly what we need on @Twitter, and in the boardroom, to make us stronger in the long-term," Agrawal said. Prior to the board announcement, Musk on Monday evening tweeted out a yes-or-no poll, writing: "Do you want an edit button?" Twitter earlier this year banned the personal account of far-right U. S. Rep. Marjorie Taylor Greene for multiple violations of the platform’s COVID-19 misinformation policy. Agrawal, who succeeded founder Dorsey as CEO last year, was mirroring a phrase that Musk used in a tweet about Twitter's free speech principles on March 25. Musk has also raised the possibility with his massive Twitter following that he could create a rival social media network. Since becoming Twitter’s largest shareholder, industry analysts and legal experts say Musk could begin advocating for changes at Twitter immediately if he chooses. The funding was far from secured and the electric vehicle company remains public, but Tesla’s stock price jumped. More recently, these platforms have made concerted efforts to rein in such behavior, often drawing criticism similar to Musk's from the political right. On Friday, which was also April Fool’s Day, the company tweeted bluntly, "we are working on an edit button." A U. S. Securities and Exchange Commission filing made public on Monday said the event triggering the filing happened on March 14.

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Elon Musk to join Twitter's board of directors, teases 'significant ... (CNBC)

“Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board,” CEO Parag Agrawal said in a tweet.

It's "time to get out the popcorn and watch the developments over the coming months with Musk on the Board," he said. Musk is an avid Twitter user with more than 80.5 million followers on the platform. Hours after his holding in the company was revealed, Musk took to Twitter to poll users on interest in an edit button. Musk said in a tweet. After the stake was revealed on Monday, investors pushed the stock up 27%, the mark its best day since its IPO. He added that he was considering building a new social media platform.

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Elon Musk to join Twitter's board (CNN)

BERLIN, GERMANY DECEMBER 01: SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on December 01, 2020 in Berlin, ...

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Elon Musk will join Twitter's board. Will users finally get an edit button? (NPR)

Billionaire businessman Elon Musk will join Twitter's board of directors, an announcement that came just hours after news broke that the Tesla and SpaceX ...

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Tesla's CEO, Elon Musk, Appointed to Twitter's Board of Directors (Investopedia)

Twitter, Inc. (TWTR) filed with the U.S. Securities and Exchange Commission (SEC) today, making Tesla, Inc.'s (TSLA) chief executive officer (CEO), ...

The investor hype that surrounds Tesla is likely to rub off on Twitter as Musk comes aboard, at least in the near term. Musk will not be able to hold more than 14.9% of Twitter's outstanding common stock including those in shares, derivatives, swaps, hedges and any other form of financial instrument while serving as a director and for 90 days thereafter. According to the filing, Musk will serve as a Class II director until 2024.

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Elon Musk tweeted his way onto Twitter's board — now what? (The Verge)

Ahahahahahaha fine. Longtime shitposter Elon Musk, who has a side gig as the CEO of Tesla, is on the board of Twitter, a newly minted meme stonk, ...

On the one hand: Musk has a fandom, and now Twitter has a fandom, too. One possible outcome is that Musk’s position on the board makes him back away from shitposting for the exact reason many people spend a lot of time on Twitter in the first place: he wants to avoid doing work. The platform’s top shitposter already has the keys to the castle, and he’s gotten them in a way that’s specifically a thumb in the eye of the SEC. We love to have fun on Twitter dot com! See, Twitter now has a fandom: Musk’s. Musk has wandered into Twitter well after it became a public company, is a prolific — one might even say flagrant — user of its product, and presumably brings a number of retail investors trailing him. Musk, of course, is known for being enamored of Dogecoin, to say nothing of Tesla’s brief foray into Bitcoin payments for its cars. A different style of billionaire might elect to buy a national newspaper with a storied past and re-invest in it, just like he might secretly test his dick-shaped rocket for many years before publicly taking a ride on it.

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Elon Musk entra al consejo directivo de Twitter (WPLG Local 10)

Elon Musk se unirá al consejo directivo de Twitter un día después de revelarse que el director general de Tesla tomó una participación del 9% en la red ...

El CEO de Twitter, Parag Agrawal, tuiteó que la compañía estuvo hablando con Musk en las últimas semanas y “nos quedó claro que aportaría un gran valor a nuestra Junta”. “Él es un creyente apasionado y un crítico intenso del servicio, que es exactamente lo que necesitamos en @Twitter y en la sala de juntas para fortalecernos a largo plazo”, agregó Agrawal. Twitter Inc. informó el martes en un documento a las autoridades regulatorias que el lunes llegó a un acuerdo con Musk que le dará al multimillonario un asiento en su directorio, y que el mandato expirará en su reunión anual de accionistas de 2024.

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Elon Musk, el mayor accionista de Twitter, quiere que opines si ... (Los Angeles Times)

Elon Musk, el nuevo miembro de la junta de esa red social, pudiera tener ideas sobre un persistente pedido de los usuarios: ¿Debería tener un botón de ...

(Facebook permite editar los mensajes). “Simplemente usted incluye un indicador de que el mensaje ha sido editado, junto con un registro del cambio”, dijo. La propia compañía recientemente tentó a los usuarios el Día de los Inocentes con un tuit que dijo: “Estamos trabajando en un botón para editar”. Musk tuiteó el martes que estaba deseoso de hacer “mejoras significativas a Twitter en los próximos meses”.

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Elon Musk se unirá al consejo de administración de Twitter - KESQ (KESQ)

“¡Estoy emocionado de compartir que estamos nombrando a @elonmusk para nuestro consejo!”, dijo el CEO de Twitter, Parag Agrawal, en un tuit este martes. “Por ...

“Es hora de sacar las palomitas de maíz y ver los desarrollos en los próximos meses con Musk en el consejo”, dijo el analista de Wedbush Dan Ives en una nota para inversores este martes. Jack Dorsey, cofundador y antiguo CEO de Twitter, también pareció acoger la noticia, señalando que Musk “se preocupa profundamente por nuestro mundo y por el papel de Twitter en él”, y que Musk y Agrawal “serán un equipo increíble”. Twitter se convirtió en una parte importante de la marca personal de Musk. Ha utilizado el sitio para conectar con sus legiones de fans y opinar sobre todo, desde el precio de las acciones de Tesla hasta los acontecimientos actuales.

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Elon Musk lanza un sondeo sobre la posibilidad del botón de editar ... (Dallas Morning News AldiaDallas)

Luego de que se convirtiera ayer en el mayor accionista de Twitter y sea el nuevo miembro de su junta directiva, Elon Musk, director general de Tesla y ...

La propia compañía recientemente tentó a los usuarios el Día de los Inocentes con un tuit que dijo: “Estamos trabajando en un botón para editar”. (Facebook permite editar los mensajes). “Simplemente usted incluye un indicador de que el mensaje ha sido editado, junto con un registro del cambio”, dijo. Musk tuiteó el martes que estaba deseoso de hacer “mejoras significativas a Twitter en los próximos meses”.

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Elon Musk will join Twitter's board. Will users finally get an edit button? (knkx.org)

Billionaire businessman Elon Musk will join Twitter's board of directors, an announcement that came just hours after news broke that the Tesla and SpaceX ...

"The consequences of this poll will be important," Agrawal said in response, an apparent reference to one of Musk's tweets from last month. Welcome Elon!" Agrawal added. "He's both a passionate believer and intense critic of the service which is exactly what we need on @Twitter, and in the boardroom, to make us stronger in the long-term.

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Twitter on Elon Musk Joining the Board: This Is Fine (Vanity Fair)

Our policy decisions are not determined by the Board or shareholders,” a Twitter spokesperson said, though the statement may not assuage the concerns of ...

“Will he push for Twitter to open up its algorithm, which the company’s co-founder and former C.E.O. Jack Dorsey appeared to support last week?” “What should be done?” As some conservatives turn to alternative social networks—though perhaps not Trump’s failing Truth Social—the fact that Musk has decided to actually purchase a stake in Twitter has left some questioning his long-term plans in the venture. Musk, who has over 80 million followers on Twitter and now a 9.2% stake in the company according to a regulatory filing on Monday, making him Twitter’s largest shareholder, has seen frequent controversies due to his use of the platform, ranging from SEC violations to troublesome trolling of his critics. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” he added in a separate tweet. Zamora went on to note that while board members like Musk play “an important advisory and feedback role across the entirety of our service”—a role that includes overseeing mergers, acquisitions, and profitability—they are not responsible for the site’s “day to day operations and decisions.” (Musk, who owns 73,486,938 shares of Twitter, holds a passive stake in the company, according to an SEC 13G filing, meaning he is a long-term investor who is, per Bloomberg, not angling to wrest more control from Twitter’s other shareholders.) Do you believe Twitter rigorously adheres to this principle?” Musk wrote in a Twitter poll, adding that the “consequences of this poll will be important.

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Here's how much power Elon Musk actually has at Twitter now ... (CNBC)

Billionaire Elon Musk is now Twitter's largest outside shareholder, and joining its board of directors. Here's what it means for Twitter and Musk going ...

But considering the fact that Musk is an extremely high-profile and outspoken investor, with more than 80 million followers on Twitter's platform, the world's richest person is already in a strong position to push for changes. Twitter is a private company that's free to regulate the content shared on its platform without violating anyone's free speech rights. In recent years, Twitter has stepped up actions to battle misinformation and violent or inciting speech on its platform, even banning users who violate its guidelines — like, for example, former President Donald Trump. Some critics say the company needs to go even further down that road. Investors seem to be betting that Musk can exert control at Twitter: The social media company's stock surged by 27% on Monday, and kept climbing after the company announced Musk's board seat on Tuesday. Musk might be the exception to that rule. A regulatory filing with the Securities & Exchange Commission shows that Musk acquired his Twitter stake on March 14, meaning he was already Twitter's largest outside shareholder when he publicly called out the platform.

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Elon Musk es el más rico según la lista de Forbes, pero no es la ... (Dallas Morning News AldiaDallas)

Kim Kardashian y Kanye West figuran entre los 2668 multimillonarios de todo el mundo por segundo año consecutivo, de acuerdo con la revista Forbes, ...

Entre otras celebridades que también destacan en la lista de este año, se encuentra Rihanna, quien se ganó un lugar por primera vez. Con una fortuna mucho más robusta, el ahora principal accionista de Twitter, Musk encabezando la lista por primera vez. El cantante ahora conocido como Ye ocupó el puesto 1,513 en la lista, saltando más de 200 lugares desde su peldaño el año pasado.

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