New York Times Blasts Musk’s Future Plans with Twitter
The New York Times came out with their opinion of Elon Musk’s ownership in Twitter, claiming that he would be a threat to the company. The media outlet seems to be afraid of what he could potentially do since he turned down a seat on the board.
With Musk turning down the position, this opened up to more fear from the left. As if they were not already freaking out, Musk gave them another bread crumb of fear.
Musk Turns Down Twitter Board Seat
The New York Times went on to say that Musk’s involvement could be treacherous in Twitter and it could tear down the company. They also claim that having him on board would negatively impact the company enough to where he could buy even more shares.
While this is not Musk’s intention, he certainly has an opportunity to buy more shares. By turning down a board seat at the last minute, he is now able to purchase more than the 14.9 percent threshold.
The Left in Fear of Musk’s Potential Control
Musk currently owns 9.2 percent of shares, which makes him the largest shareholder. In addition, he could continue to push past that mark and have somewhat unlimited freedom compared to restrictions set by that threshold.
Twitter is indeed dealing with an activist like any other, as they should be afraid. If Musk is able to turn around free speech and unnecessary censorship views, this could be huge.