If Elon Musk wants to change Twitter with his stake, he might have to gesture in the direction of ESG or profitability to get other shareholders to support him
Programming note: Money Stuff was supposed to be off today but, Elon. So here we are. — Oh Elon
Bloomberg Matt Levine
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Discussion
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@matt_levine
Matt Levine
on x
This newsletter looks for outfits, aesthetics and vibes. https://www.bloomberg.com/...
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@edmundlee
Edmund Lee
on x
Matt channeling Elon: “Look, I am the richest person in the world; how much could this game company possibly cost? I should just buy it and change the game however I want.” https://twitter.com/...
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@btlipschultz
Bailey Lipschultz
on x
The SPAC tied to Donald Trump is sliding yet again after a pair of key executives reportedly left the company and as Elon Musk bets on Twitter $DWAC $TWTR https://www.bloomberg.com/...
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@faizsays
Faiz Siddiqui
on x
Musk's Twitter stake is likely to lead to a showdown over its efforts to limit harmful content, which Musk sees as hastening a turn toward censorship. It could also give Musk influence over a key issue: the ban on Trump's account https://www.washingtonpost.com/ ... w/ @lizzadwosk…
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@bloombergtv
@bloombergtv
on x
“He is certainly making a statement, and it is a statement about censorship.” Ark's Cathie Wood speaks to @carolmassar & @timsteno after it was revealed that Elon Musk took a 9.2% stake in Twitter to become the platform's biggest shareholder https://www.bloomberg.com/... https://…
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@etbrooking
Emerson T. Brooking
on x
Matt Levine notes that Musk's Schedule 13G filing doesn't permit him to “influence the control” of Twitter the corporate entity. But what if the goal isn't to control Twitter, but to influence Twitter's content moderation policy as largest shareholder? 3/ https://www.bloomberg.co…
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@anoushasakoui
Anousha
on x
Matt Levine's latest on @elonmusk is an excellent must read. His new @Twitter stake can't be an activist position if he's following sec rules but... read on https://twitter.com/...
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@sarthakgh
@sarthakgh
on x
“I hope he demands a board seat. He'd be the first Twitter user ever to join the board.[1] I hope he live-tweets the board meetings.” lmao https://twitter.com/... https://twitter.com/...
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@pkafka
Peter Kafka
on x
“Elon Musk did not buy 9.2% of Twitter to make money. He already has all the money. He bought 9.2% of Twitter because he has money, and wants to spend some of it on being more annoying on Twitter.” https://twitter.com/...