Elon Musk’s possible Twitter plans explained:

Read more on this subject: Social Networking/Social Media
News Story Source: https://www.dailymail.co.uk By NATASHA ANDERSON
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

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