Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Via AP news wire

Musk takes 9.2% stake in Twitter

Copyright 2022 The Associated Press. All rights reserved.

Tesla CEO Elon Musk is taking a 9.2% stake in Twitter.

Musk purchased approximately 73.5 million shares, according to a regulatory filing Monday.

Musk has been raising questions about the ability to communicate freely on Twitter, tweeting last month about free speech and the social media platform.

“Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?" he tweeted.

In a separate tweet, Musk said that he was “giving serious thought" to creating a new social media platform.

Also 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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.