Elon Musk buys 9 percent stake in Twitter.

One of Twitter's loudest critics and most prominent users is now one of its biggest shareholders.

Tesla CEO Elon Musk has bought up about 9.2 percent of Twitter, according to a regulatory filing Monday that detailed his stock purchases.

The stock-buying revelation comes as Musk emerges as one of the loudest and most prominent critics of Twitter's moderation efforts, which in recent years have cracked down on everything from harassment and death threats to misinformation and conspiracy theories.

News of Musk’s move sparked some hope among conservatives who have been critical of Twitter's enforcement of its rules and its ban on former President Donald Trump.

Musk, who the Bloomberg Billionaire Index lists as the world's richest person with a net worth of about $273 billion, has in recent months said on Twitter — where he comments regularly — that he had given "serious thought" to building a competitor to the company. He said in a post last month that given that the social media platform "serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy."

Musk’s stake in Twitter is considered a passive investment, which means he is a long-term investor who's looking to minimize his buying and selling of shares. But the sizable stake, along with Musk's recent comments, indicate that he could be looking to exert some control of the company.

“We would expect this passive stake as just the start of broader conversations with the Twitter board/management that could ultimately lead to an active stake and a potential more aggressive ownership role of Twitter,” Dan Ives of WedBush Securities wrote in a client note early Monday.

Musk's first tweet since the news broke Monday offered a bit of levity to the situation:

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Twitter’s stock surged more than 25 percent before the market opened Monday, while shares of Tesla rose slightly.

Musk has clashed with regulators about his use of Twitter.

Last month, Musk asked a federal judge to nullify a subpoena from securities regulators and throw out a 2018 court agreement in which he had to have someone pre-approve his posts on Twitter. At the time, U.S. securities regulators said they had legal authority to subpoena Tesla and Musk about his tweets, and that Musk’s move to throw out a 2018 court agreement that his tweets be pre-approved is not valid.

Musk's criticism of Twitter — happening almost exclusively on Twitter — has been mounting. In late march, he tweeted a poll asking people if they thought Twitter "rigorously adheres" to free speech principles. About 70 percent of the more than 2 million votes tallied said "No."

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Here is Why Our Utterances For Praying Jesus And God To Come Liberate Ugandans, May Be Misplaced. This Phrase is like inform of a Letter To Some Categorized Section Of Ugandans.

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#iip_updates . #Information_is_Power . Read more here https://informationispowah.blogspot.com/2023/07/can-i-change-my-mind-about-inheritance.html in the link. #we_inform_the_uninformed . Okello lost his wife 20 years ago and decided to only focus on their Mateo, Yona and Yosefu. 20 years later, Okello had 7 acres of land, a successful poultry business, and sinotrucks for hire. Early this year, Okello got a call telling him that one of his trucks knocked a boda boda. Okello decided to rush to see if he could sort it out before police became involved. Unfortunately, he never made it, as he was entering the main road, another trailer rammed into him and killed him instantly. After Okello had been laid to rest, his sons sat down and divided the property amongst themselves. However, of late, Yosefu the last born has started complaining that he was cheated, and he wants to be given something else because most of the chicken in the chicken business died of a fever. Can ...

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