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Tesla CEO Elon Musk takes a nine per cent stake in Twitter

AP – Tesla CEO Elon Musk has taken a 9.2 per cent stake in Twitter, purchasing approximately 73.5 million shares, according to a regulatory filing yesterday.

Musk’s stake in Twitter is considered a passive investment, which means Musk is a long-term investor that’s looking to minimise his buying and selling of the shares.

Yet in recent weeks, Musk has raised questions about free speech on Twitter and what, whether failing to adhere to its basic principles, undermines democracy.

More details on Tuesday’s Borneo Bulletin

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