• @thawed_caveman
    link
    English
    12 years ago

    I think Elon just bought majority, like 51% of shares or something. I don’t really remember it’s been a while

    • SpaceBar
      link
      English
      22 years ago

      No.

      Musk, who posted a tweet saying “the bird is freed” in reference to his ownership of the micro-blogging site, owns all the shares in the site once payments to shareholders was finalized. Trading in the shares on the New York Stock Exchange has been suspended, meaning no new purchases of the stock can be made.

        • SpaceBar
          link
          English
          12 years ago

          That’s the only way to take a public company private. It was a terrible idea, but he did it.