Tesla CEO Elon Musk purchases 9.2 percent of Twitter’s shares


As of Monday morning, Elon Musk’s 9.2 percent stake in Twitter Inc (TWTR.N) was revealed in a regulatory filing, sending the micro-blogging site’s shares up 16 percent in premarket trading, reports the Wall Street Journal.

At the end of March, the Silicon Valley tycoon revealed that he was “seriously considering” developing a new social media platform of his own.

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Musk was responding to a Twitter user’s question about whether he would build a social media platform based on an open-source algorithm and one that prioritised free speech and where propaganda was minimal.

Lately, Musk, a frequent user of Twitter, has expressed his displeasure with the social media platform and its recent policies. He has claimed that the company is undermining democracy because it does not adhere to free speech standards.

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Zaid Quraishi
My name is Zaid Quraishi. I pride myself on being a meticulous and organized individual who has done his Bachelors in Medical Technology and currently pursuing my Master's in the same course from Sher-e-Kashmir Institute of Medical Sciences. I belong to the beautiful valley of Kashmir, and my hometown is Srinagar. I am the elder sibling of my younger brother. As far as my strengths are concerned, I am effectively communicative, optimistic, reliable, a team player, and time-efficient. My weaknesses are that I am an honest person and I tend to be blunt, and sometimes, I like to work alone. I am passionate about content writing, online gaming, and learning new things, especially languages (currently German). I have written two papers for my University degree, which helped me immensely in learning how to write effectively. I am confident in my writing skills, and I can effectively pour my thoughts out in writing and express myself so that the reader relates to it and is intrigued by the content. I love to play with my pet cat, and she is a darling to me. The thing that I dislike the most is being distracted when you are in the zone. Currently, I am a content writer in a dynamic work environment at Shouzy, ready to improve readers' satisfaction and increase retention levels.


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