Twitter Goes NUCLEAR To Limit Elon Musks’ Stake In The Social Media Platform, Adopts ‘Poison Pill’

Robby Soave describes the latest developments in Elon Musk’s attempted purchase of Twitter.

FILE – Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington, Monday, March 9, 2020. Musk now has a 9% stake in Twitter and a seat on its corporate board of directors, raising questions about how the billionaire business magnate could reshape the social media platform. He is now Twitter’s biggest shareholder and has the ear of top managers. (AP Photo/Susan Walsh, File) FILE – In this April 26, 2017, file photo is a Twitter app icon on a mobile phone in Philadelphia. Tesla CEO Elon Musk now has a 9% stake in Twitter and a seat on its corporate board of directors, raising questions about how the billionaire business magnate could reshape the social media platform. He is now Twitter’s biggest shareholder and has the ear of top managers. (AP Photo/Matt Rourke, File)

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