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Category: Elon Musk – Page 125

Musk’s shareholding is more than four times the 2.25% stake held by Twitter founder Jack Dorsey.

According to a 13G filing published today, Tesla CEO Elon Musk now owns 9.2 percent of Twitter, Bloomberg News reports. Musk purchased the stock on March 14th, according to the filing. Musk has long been a high-profile Twitter user, and he recently questioned his over 80 million followers on the platform’s commitment to free speech. Twitter’s stock price rose more than 25% in pre-market trading as a result of the announcement.

According to CNBC, Musk’s Twitter stocks were worth $2.89 billion based on Friday’s closing price. Although Musk’s shares are categorized as a passive investment, Wedbush analyst Dan Ives told CNBC that the purchase “could lead to some sort of buyout.”

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Elon Musk is at it again on Twitter, this time taking shots at the White House’s plan to impose a “billionaires’ tax” in the U.S.

Musk agreed with another tweeter’s statement by writing “SpaceX & Tesla would probably have died,” if there was a similar tax initiative in 2008, as “both narrowly escaped bankruptcy in 2008.”

## Elon Musk could pay an additional $50 billion in taxes.

The white house’s billionaire minimum income tax\.

@JimPethokoukis Good point. SpaceX & Tesla would probably have died, since both narrowly escaped bankruptcy in 2008.

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SpaceX CEO Elon Musk drops some key new information about the first Starship orbital flight test timeline and dropping SN20 prototype from this test.

SpaceX has been preparing for the first Starship orbital flight test since the last year. But this experiment is getting delayed due to one reason or another as time elapsed.

Initially, SpaceX wanted to perform the first Starship orbital flight experiment with the more stable and tested SN20 prototype (aka Ship 20).

Talking to SpaceX fans on Twitter earlier this week, Elon Musk confirmed that the first orbital flight will not be conducted on the SN20 prototype anymore. A prototype will be used from the existing SN21 or SN22 or a new one will be built for the purpose.

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CEO of Tesla Elon Musk revealed in tweets posted on Saturday that he is giving serious thought to creating a social media platform.

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

Free speech

Meanwhile, on Friday, he put out a Twitter poll asking users if they thought Twitter adhered to the principle of free speech. Over 70% of respondents voted “no”.

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