Varney on Elon Musk’s large Twitter stake: I hope he shakes things up
Tesla CEO Elon Musk criticized Twitter for 'failing to adhere to free speech principles'
FOX Business host Stuart Varney argues Tesla CEO Elon Musk has 'worked wonders with technology.'
In his latest "My Take," "Varney & Co." host Stuart Varney urges Tesla CEO Elon Musk to "shake things up" after the tech pioneer purchased a 9.2 percent stake in Twitter following his criticism of the platform.
STUART VARNEY: Elon Musk loves making headlines: he likes being the center of attention. He made a big splash this morning, he's bought 73,486,938 shares of Twitter, 9.2% of the stock. What's he up to?
I hope he shakes things up. Two weeks ago, Musk sharply criticized Twitter about free speech.
He tweeted this: ‘Given the fact that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?’
ELON MUSK PURCHASES STAKE IN TWITTER AFTER SLAMMING ITS APPROACH TO 'FREE SPEECH'
When you spend $2.8 billion on a company's stock, you mean business.
He could demand changes to Twitter's censorship rules. I hope he does: Twitter, remember banned a sitting president, Donald Trump.
Host Stuart Varney during his "My Take" on April 4, 2022. (Fox News)
There's speculation that Musk will buy out the whole company and take it private. It would cost him less than $40 billion. He's worth about $270 billion.
Musk's car company, Tesla, dominates the electric vehicle market: One in every four luxury vehicles sold in America today is a Tesla Model 3.
Talk about dominance. SpaceX, his tunneling company, Neuralink – all going strong.
And now Twitter! Go for it Elon – you've worked wonders with technology.
Now go straighten out social media.