Suddenly, Tesla’s Elon Musk is Twitter’s Biggest Stakeholder

Tesla CEO Elon Musk acquired a 9% stake in Twitter to become its largest shareholder, just before raising questions about the social media platform’s dedication to free speech and the First Amendment.

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FILE -Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington, Monday, March 9, 2020. Musk has purchased a 9.2% stake in Twitter, approximately 73.5 million shares, according to a regulatory filing, Monday, April 4, 2022. (AP Photo/Susan Walsh, File)
Image via AP Photo/Susan Walsh

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

Tesla CEO Elon Musk acquired a 9% stake in Twitter to become its largest shareholder, just before raising questions about the social media platform’s dedication to free speech and the First Amendment. The ultimate aim of Musk’s 73.5 million share purchase worth $3 billion based on the closing price Friday, is not clear. Yet in late March Musk, who has 80 million Twitter followers and is very active on the site, questioned free speech on…

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