top of page

Tweet Me This: Unshackled Musk Still Wants 2 Make $?

  • davd soul
  • Apr 12, 2022
  • 1 min read

Don’t hold your breath on Elon Musk’s turning down Twitter’s offer to join its board since the gig was conditional on NOT increasing his 9% stake over 15%. Unshackled, Musk is now free to hold Company’s feet to the Free Speech fire, no?


While initial reaction of the Tesla billionaire’s supposed “reversal” and refusal to serve on Twitter’s board, second guessers are now realizing Mr. Musk is now free to not only push whatever business reforms he has in mind, but to keep upping his stake. He clearly saw through the Company’s offer to join its board and thereby control their newest member, at least, to some extent.


Let’s hope the outcome is still win-win for all stakeholders. The WSJ notes “employees and analysts foresee a potential fracas with the world’s richest man.” It needn’t be so confrontational, however. As Twitter’s biggest shareholder, the rich businessman surely wants to MAKE, not LOSE, money & a good capital return on his most surprising investment to date.


Davd Soul

ree

Comments


Featured Posts
Check back soon
Once posts are published, you’ll see them here.
Recent Posts
bottom of page