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Elon Musk’s possible Twitter plans explained: From possible hostile takeover to a fun distraction | Daily Mail Online

https://www.dailymail.co.uk/news/article-10708505/Elon-Musks-possible-Twitter-plans-explained-possible-hostile-takeover-fun-distraction.html

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Analysts speculate Elon Musk may try to take-over Twitter 

·  Musk, who is the platform's largest shareholder, declined a seat on the company's board of directors after he initially accepted the role last week 

·  By rejecting the board seat, Musk is no longer limited to owning a 14.9% stake 

·  The Tesla CEO, who owns 9.2% of the company, would need to obtain at least an additional 40.8% stake to become the majority shareholder

·  The additional shares would cost Musk about $15.3billion to obtain

·  Some Wall Street analysts predict he may try to purchase a larger stake in the company, while others allege Twitter is a fun distraction from his other ventures