Will Elon Musk turn activist at Twitter?
Last week, Elon Musk completed the purchase of 9.2% of Twitter's stock and became the social media company's largest shareholder. He was also offered a seat on the company's board, which he recently declined. On one level, Musk's investment seemed to make a lot of sense: Musk has long been one of Twitter's loudest, most controversial, and — with more than 80 million adherents — most followed voices. It was also a great deal: He paid a total $2.64 billion over about three months, and the stock rose more than 25% when the news broke.
On another level, however, the acquisition doesn't seem to track so well: Musk is a big user of Twitter, but he's also been a fierce . He has that Twitter "serves the content they post. He has objected to the that Twitter has placed on certain users. Why would someone who dislikes a company this much want to own not just a piece of it, but a piece larger than anyone else's?
