Source : coinquora.com
- Elon Musk buys 9.2% stakes in Twitter.
- Twitter went wild after the news came out.
- A lot of expectations were built on this, and more is yet to come.
Elon Musk, Founder, CEO, and Chief Engineer at SpaceX and CEO and Product Architect of Tesla, announced he is becoming the new largest shareholder of Twitter.
Musk now owns a share of 9.2% of Twitter stakes, as announced during the last 24 hours. The news came from many official Twitter pages, including XRP Productions.
Comments on the previous claims came in positive energy, where people replied to that tweet cheering for Musk and his alleged purpose.
Other tweets came with positive expectations. For example, Layah Heilpern, Author of Undressing Bitcoin, tweeted on her official account, saying “@elonmusk could I please get verified now. Lots of fake accounts stealing people’s hard-earned $doge.”
Meanwhile, Doge YouTuber, Matt Wallace, who was recently accused of a Dogecoin rug pull, responded to the news with six tweets, all of which came with a positive vibe.
In his first tweet about the news, Wallace said “OMG ELON MUSK JUST STARTED BUYING TWITTER HE NOW OWNS ABOUT 10% OF IT!!!!!!”
While in the following tweets he shared his expectations about Dogecoin, where he claimed it is “ON THE RISE AS Elon Musk starts buying twitter!!! [sic],” Wallace also replied to a tweet mentioning Elon Musk and stating that he can’t wait to “start tipping people in Dogecoin on Twitter.”
In the meantime, Musk only left the public with one tweet, where he asked people to vote on whether they wanted an Edit Button or not.
Do you want an edit button?
— Elon Musk (@elonmusk) April 5, 2022
Wallace again replied to that tweet saying “Elon Musk is playing monopoly in real life.” Meanwhile, CryptoWhale tweeted, “Elon Musk buys a 9% stake in Twitter, and immediately after, I get verified. Thank you, Elon.”
Yet one of the most interesting tweets came again from Matt Wallace, where he stated
Elon Musk may not even need to sell any Tesla stock in order to acquire more than 50% of Twitter’s shares. Many of the current Twitter stockholders are investment groups who may be willing to swap shares at a slight advantage. Would take less than 10% of Elon’s Tesla shares.
In addition, CleanTechnica writer Johnna Crider chimed in, tweeting “If Elon Musk buys Twitter he’ll improve it” the tweet came from an account under the name Johnna Crider.