Here are the top ten highest owners of Twitter
Elon Musk 9.2%
Vanguard Group 8.39%
BlackRock Fund 4.56%
SSgA Funds 4.54%
Aristotle Capital 2.51%
ARK Investment 2.15%
Geode Capital 1.79%
Nikko Asset 1.56%
Aside from Musk, you should be concerned.
— Ian Miles Cheong (@stillgray) April 5, 2022
Paul then weighed in. His response played into the fact that on both Monday and Tuesday, Twitter’s stock price has steeply risen in value amid the news of Musk’s top-level involvement.
“Well. You know it used to be that the board of a company, or the mission of a company was to make money. And so, my guess is if Donald Trump came back with 80 million followers? My guess is that Twitter would make more money. It’s amazing that we now have this sort of pseudo-social conscious, that we put this into board meetings, and then actually the boards are doing things and making policy that makes them less money. So I kind of liked it when there was an obligation, actually a financial obligation to make money for public corporations. And so, yeah I think it’ll be good,” the GOP lawmaker said.