Elon Musk has made all other power players question why they waited so long to make a move after announcing his bid to buy Twitter. You must realize that Twitter is one of the last venues where information can actually circulate freely without being scrutinized. Even porn is accessible to anyone with a Twitter account, but the corporation prohibits free expression and any form of graphic violence. Elon Musk decided to run for president as a strategy to purportedly combat cancel culture and spread freedom of speech. Musk may have his own interpretation of what it means to be free.
Elon Musk's reign as Twitter's top stockholder lasted only a week before he was dethroned by none other than Vanguard Group. They are a private equity group that just stated that they control 82.4 million shares of the corporation or 10.3 percent. Elon had owned 9.2 percent of Twitter following his own purchase, but his dominance didn't last long. However, Elon Musk remains the company's largest shareholder, with founder Jack Dorsey a close second. The Vanguard Group is the most well-known, yet unlike Elon Musk, they are not a one-man show.
Also, like Elon Musk, investing firm Thoma Bravo is considering making an offer to buy Twitter. According to the New York Post, they want to make a more substantial offer to buy Twitter than Elon Musk did. Tesla's CEO has stated that he has no plans to make a higher offer than the one he has already made. All of this movement simply begs the question: did Elon Musk truly intend to buy Twitter or did he simply make that first offer to start a bidding war between equity groups and other major corporations?
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