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Tesla CEO Elon Musk Takes a 9.2% Stake in Twitter

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Elon Musk during a post launch rally in the VAB Building at Kennedy Space Center, Saturday, May 30, 2020. [News-Journal/Nigel Cook] Trump Launch14

(AP) — 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.

—Copyright 2021 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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