Elon Musk Purchases 9% of Twitter- Behind His Intensions of buying Twitter are Shocking

The internet was shocked after the twitters board on the 25th of April accepted Musk’s offer of $54.20 per share, or $44 billion, for total control of the company, and many of us who really missed some good memes from the likes of former US President Donald Trump were really happy as Elon musk in want to bring back Freedom of speech and functioning Democracy on Twitter and below was the statement from the boss himself

Free speech is the bedrock of a fuctioning democray, and Twitter is the digital town square when matters vital to the future of humanity are debated.I also want to make Twitter better than ever by enhancinh the product with new features, making the algorithms open source to increase trust, defeating the spam bots and authenticating all humans. Twitter has Tremendous potential-I look forward to working with the company and the community and the community of users to unlock it

Elon Musk

Behind Elon Musk's Plan to Purchase Twitter might be a Shocker Business-wise

Powerful individuals like Elon musk are prone to making bad decisions especially when it comes to the introducing new rules to companies being bought for example with the freedom of speech I see Twitter becoming more  Toxic but anyways back to business, Elon Purchased 9 % of Twitter and they want to tell you that he's the largest shareholder of the company and that may be technically true but let me dive deeper into this for you.

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The Largest shareholders of Twitter are BlackRock, Vanguard, State Street, and Morgan Stanley combined makeup 30% of Twitter. But BlackRock and Vanguard are also controlling the interests of State street and Morgan Stanley making it a monopoly that rivals Elon Musk's 9% right!

Blackrock – The company that owns the world?

But we also know that BlackRock and Vanguard are the Majority owners of  Tesla so to cut things short Elon gave his bosses at Tesla an Increase in profit and that's another level of marketing

Vanguard