How do shares work? How does musk control twitter if he only owns 9% of the shares?

Like I don’t get it, he owns 9% of the shares, doesn’t he still need like 42% of other shareholders to vote in in as CEO? So isn’t he still subject to the will of the other shareholders? 🤔

(Disclaimer: I have no idea how this works, which is why I’m asking)

Chat

@ori
link
2•3 days ago
https://en.wikipedia.org/wiki/Acquisition_of_Twitter_by_Elon_Musk
- @[email protected]
  link
  fedilink
  1•3 days ago
  You STOLE IT from Wikipedia!?!? /s
  - @ori
    link
    1•3 days ago
    I googled it instead of chatgpting it. Crazy I know

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