{"id":1439473,"date":"2022-04-15T07:14:46","date_gmt":"2022-04-15T11:14:46","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1439473"},"modified":"2022-04-15T07:14:51","modified_gmt":"2022-04-15T11:14:51","slug":"elon-musk-no-longer-biggest-shareholder-in-twitter-after-vanguard-increases-stake","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-no-longer-biggest-shareholder-in-twitter-after-vanguard-increases-stake\/","title":{"rendered":"Elon Musk No Longer Biggest Shareholder in Twitter After Vanguard Increases Stake"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Felon-musk-no-longer-biggest-shareholder-in-twitter-after-vanguard-increases-stake%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1439473&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"header\" data-v-1408f321=\"\">\n<p><span class=\"label\" data-v-1408f321=\"\">American News<\/span> <span class=\"published\" data-v-1408f321=\"\">Apr 14, 2022 4:23 PM<br \/>\n                                EST<\/span><\/p>\n<p class=\"excerpt mb-4\" data-v-1408f321=\"\">\n                            The title of Twitter&#8217;s largest shareholder no longer belongs to Tesla and Space X CEO Elon Musk.\n                        <\/p>\n<\/div>\n<div class=\"body\" data-v-1408f321=\"\">\n<div class=\"content\" data-v-1408f321=\"\">\n<div class=\"reader-container\" data-v-1408f321=\"\">\n<section class=\"cover\" data-v-1408f321=\"\"><\/section>\n<section class=\"author\" data-v-1408f321=\"\"><\/section>\n<section class=\"show-sm\" data-v-1408f321=\"\"><\/section>\n<section id=\"story-body\" class=\"article\" data-v-1408f321=\"\">\n<div class=\"article-content\" data-v-f313b7e6=\"\" data-v-1408f321=\"\">\n<div class=\"html-content\" data-v-f313b7e6=\"\">\n<article class=\"html\" data-v-f313b7e6=\"\">\n<section data-v-f313b7e6=\"\">\n<p>The title of Twitter&#8217;s largest shareholder no longer belongs to <a href=\"https:\/\/thepostmillennial.com\/elon-musk-responds-to-saudi-prince-who-rejected-offer-of-twitter-buyout\">Tesla and Space X CEO Elon Musk.<\/a><\/p>\n<\/section>\n<section data-v-f313b7e6=\"\">\n<p>According to the <em><a href=\"https:\/\/www.wsj.com\/livecoverage\/elon-musk-twitter\/card\/elon-musk-is-no-longer-twitter-s-largest-shareholder-BNwzaP8JDQLlUc6yAJBb\">Wall Street Journal,<\/a><\/em> Vanguard Group, an asset managing firm, increased its stake in the tech giant to 10.3 percent.<\/p>\n<\/section>\n<section data-v-f313b7e6=\"\"><\/section>\n<section data-v-f313b7e6=\"\">\n<p>&#8220;Asset manager Vanguard Group recently upped its stake in the social-media platform and is now the company\u2019s largest shareholder, bumping Mr. Musk out of the top spot,&#8221; <em><a href=\"https:\/\/www.wsj.com\/livecoverage\/elon-musk-twitter\/card\/elon-musk-is-no-longer-twitter-s-largest-shareholder-BNwzaP8JDQLlUc6yAJBb\">The Wall Street Journal reported<\/a><\/em>. <\/p>\n<\/section>\n<section data-v-f313b7e6=\"\">\n<p>&#8220;Vanguard disclosed on April 8 that it now owns 82.4 million shares of Twitter, or 10.3% of the company, according to the most recent publicly available filings with the U.S. Securities and Exchange Commission.&#8221;<\/p>\n<\/section>\n<section data-v-f313b7e6=\"\">\n<p>Vanguard had previously owned 67.2 million shares of Twitter (8.4 percent), according to FactSet.<\/p>\n<\/section>\n<section data-v-f313b7e6=\"\">\n<figure class=\"kg-card kg-embed-card\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">Q: &#8220;If in this case you are not successful, you know, the board does not accept your offer, you&#8217;ve said you won&#8217;t go higher. Is there a plan B?&#8221;<\/p>\n<p>.<a href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\">@elonmusk<\/a>: &#8220;There is.&#8221; <a href=\"https:\/\/t.co\/ax2Kcb8GEi\">pic.twitter.com\/ax2Kcb8GEi<\/a><\/p>\n<p>\u2014 The Post Millennial (@TPostMillennial) <a href=\"https:\/\/twitter.com\/TPostMillennial\/status\/1514666932074692615?ref_src=twsrc%5Etfw\">April 14, 2022<\/a><\/p><\/blockquote>\n<\/figure>\n<\/section>\n<section data-v-f313b7e6=\"\">\n<p>Earlier on Thursday, Musk made an offer to buy Twitter outright, saying that the platform needed to be transformed into a private business to thrive once again. The Tesla and Space X CEO offered to buy Twitter for more than $40 billion after recently rejecting a seat on the company&#8217;s board. Twitter shareholder Saudi Prince Al Waleed rejected Musk&#8217;s bid to take over platform.<\/p>\n<\/section>\n<section data-v-f313b7e6=\"\">\n<p>During a Ted talk earlier on Thursday, Musk was asked about what would happen if &#8220;the board does not accept,&#8221; Musk&#8217;s offer, adding: &#8220;you&#8217;ve said you won&#8217;t go higher, is there a plan B?&#8221;<\/p>\n<\/section>\n<section data-v-f313b7e6=\"\">\n<p>Musk responded, &#8220;there is,&#8221; but would not elaborate.<\/p>\n<\/section>\n<\/article>\n<\/div>\n<\/div>\n<\/section>\n<div class=\"revcontent-slot\" data-v-4da339e1=\"\" data-v-1408f321=\"\">\n<p>Ads by revcontent<\/p>\n<\/p><\/div>\n<section class=\"contributions-container\" data-v-1408f321=\"\">\n<div class=\"partial contributions-epic\" data-v-37b8bc14=\"\" data-v-1408f321=\"\">\n<div class=\"inner\" data-v-37b8bc14=\"\">\n<h2 data-v-37b8bc14=\"\">Join and support independent free thinkers!<\/h2>\n<div class=\"words\" data-v-37b8bc14=\"\">\n<p data-v-37b8bc14=\"\">\n                We\u2019re independent and can\u2019t be cancelled. The establishment<br \/>\n                media is increasingly dedicated to divisive cancel culture,<br \/>\n                corporate wokeism, and political correctness, all while<br \/>\n                covering up corruption from the corridors of power. The need<br \/>\n                for fact-based journalism and thoughtful analysis has never<br \/>\n                been greater. When you support The Post Millennial, you<br \/>\n                support freedom of the press at a time when it&#8217;s under<br \/>\n                direct attack.<br \/>\n                <strong data-v-37b8bc14=\"\">Join the ranks of independent, free thinkers by<br \/>\n                    supporting us today for as little as $1.<\/strong><\/p>\n<\/div><\/div>\n<\/div>\n<\/section>\n<section class=\"comments-area\" data-v-1408f321=\"\"><\/section>\n<section class=\"ntvoboap\" data-v-1408f321=\"\"><\/section>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>American News Apr 14, 2022 4:23 PM EST The title of Twitter&#8217;s largest shareholder no longer belongs to Tesla and Space X CEO Elon Musk.<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1439473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1439473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1439473"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1439473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1439473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1439473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1439473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}