Musk’s Twitter Dance Spins Tesla CEO off Top Stakeholder Spot
By sweN TR
Musk’s Twitter Dance Spins Tesla CEO off Top Stakeholder Spot
Vanguard Group has upped its own stake in Twitter to 10.3%, thus knocking Elon Musk off his position as top stakeholder in the social media giant, after increasing its shares to 82.4MN in Q1.
The asset management group now holds around $3.78 billion of Twitter, but most of its assets are reportedly in index and passive funds, suggesting the group has no intention of a takeover.
Free speech teases…