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Musk's Acquisition of Twitter Timeline (Part 1)

Musk's acquisition of Twitter should be known to many small partners, but there should be many small partners who are unclear about the timeline and specific situation, so let's talk about it now.

From the end of March to the beginning of April, there was a big public opinion war:

During this time, Musk frequently published various votes on Twitter on his Twitter account, as well as various views and opinions on the company.

Musk's Acquisition of Twitter Timeline (Part 1)

On March 25, for example, he posted a poll asking followers if they thought Twitter adhered to the "Free Speech" principle, and more than 2 million users voted, 70 percent of whom said Twitter was unqualified.

On April 4, the game began:

Before the opening of the market, Musk suddenly announced that he had acquired a 9.2% stake in Twitter for $2.89 billion, which exceeded the shareholding ratio of all individual and institutional shareholders at that time, making Musk suddenly become a major shareholder of Twitter overnight.

From April 5 to April 9, board seats were declined:

The current CEO of Twitter at the time, Parag Agrawal, congratulated Musk on joining the company through a personal account and invited him to join the board.

But Musk didn't agree to join the board at the time because it could only hold 15 percent of the shares.

From April 4 to April 9, conduct the temptation:

In the week since the announcement of the stock holdings, Musk still continues to publish views and discussions around Twitter on the platform, but this time it was quickly deleted, and some netizens said that it was deleted after receiving a gag order from The Twitter board.

Musk's Acquisition of Twitter Timeline (Part 1)

Two days later, Musk's lawyers updated their shareholding papers with the SEC. The document added a very far-reaching sentence: "In addition to the previous arrangement, the declarant will reserve the right to amend the shareholding plan at any time." ”

In today's context, this sentence means that Musk may continue to increase his stake in the future - sure enough, two days later, Musk launched a general attack on Twitter.

That's the first half of Musk's journey to buy Twitter.

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