Top 5 Twitter Shareholders | Does Elon Musk Own Twitter

Twitter Shareholders

Twitter is a popular messaging application that is used worldwide where people express their views and opinions. With more than 200 million daily active users, Twitter has been popular ever since. You must be wondering about the recent Twitter Shareholders the whole hype is shifted towards Elon Musk buying 9.2% shares in Twitter.

Launched in July 2016, created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams, Twitter has been generating revenue in billions of dollars with about 85% of its revenue from advertisements. This can tell how much the Twitter Share Holders are getting benefited from this platform. 

A lot of people have invested in Twitter by buying its shares. And recently, even the Twitter critic, Elon Musk has taken 9.2% of Twitter’s shares while the Twitter owner Jack Dorsey is still with just a 2.25% stake in Twitter

Let us know who are the people among Twitter shareholders and how much of Twitter’s shares they hold.

Who Is Twitter’s Largest Shareholder Right Now?

Twitter’s Largest Shareholder

If you are an active Twitter user, you must be shocked to know that the largest shareholder of Twitter is now Elon Musk who has taken up about 9.2% of overall shares of Twitter.

 The shocking thing is that recently, Elon Musk has been seen criticizing Twitter stating that Twitter doesn’t allow freedom of speech completely. Elon Musk even mentioned creating a new social media platform of his own.

We could never have assumed from these tweets that Elon Musk is planning to be a shareholder of Twitter. Yet, Elon Musk has finally become the one with the most shares of Twitter, even overtaking the owner of Twitter, Jack Dorsey. Before Elon Musk, Morgan Stanley was the one who topped the shareholders’ list of Twitter, but now Elon Musk has overtaken him.

Just as Elon Musk took up 9.2% of Twitter’s shares, the stock value of Twitter rose by 27%, which has reportedly been found as the largest surge in Twitter’s stocks since 2013. 

Related: Elon Musk Social Media App | Release Date | Name & More Explained!

How Many Stakes Does Jack Dorsey Hold On Twitter?

Even though Jack Dorsey is the founder and owner of Twitter, he is holding just 2.25% shares of Twitter, which is not even a quarter of what Elon Musk now has. He doesn’t hold much of Twitter’s stocks. Most of the stocks on Twitter are owned by institutional investors. These investors buy large stakes for their company’s clients

Who Are The Major Shareholders Of Twitter?

Who Are The Major Shareholders Of Twitter

With Elon Musk at the top of the list of Twitter Shareholders, there are some other shareholders that own quite a good amount of shares on Twitter. These major Twitter shareholders include Morgan Stanley, Vanguard Group, BlackRock, State Street Corp, and Lone Pine Capital. These top Twitter shareholders collectively hold more than 30% of the total shares of the Twitter company. Twitter CEO Jack Dorsey has not been on the top shareholder’s list since 2021. Now, he is number fourth.

List Of Top 5 Shareholders Of Twitter

List Of Top 5 Shareholders Of Twitter

Here is a list of the top 5 shareholders of Twitter that add up to about 30% of the total stocks of Twitter. Let us see who they are. 

1. Elon Musk – 9.2% ($73.5 Million)

Elon Musk is the new shareholder of Twitter who disclosed his hold on Twitter’s maximum shares on April 4, 2022. Elon Musk agreed that he will not acquire over 15.9% of the company’s shares. However, Musk, who has formerly filed Schedule 13G which makes him a passive investor who doesn’t have any intention of gaining control of the company, refiled Schedule 13D on the same day which made him an active investor in Twitter’s company. 

2. The Vanguard Group – 8.8% ($70.4 Million)

The Vanguard Group which is believed to be one of the biggest investment managers at a global level has attained the second-highest amount of Twitter’s stakes. The company reportedly has about $8.1 trillion worth of assets. 

3. Morgan Stanley – 8.4% ($67 Million)

At number three is an investment bank and asset manager, namely, Morgan Stanley. They also hold about $6.5 trillion of client assets. Morgan and Stanley also provide investment research as well as trading services. 

Also, have a look at Twitter Announces Elon Musk To Join Board Of Directors | But, Why?

4. BlackRock Inc. – 6.5% ($52.1 Million)

BlackRock Inc. is also an investment manager at a global level and is now at the fourth highest position in the list of shareholders of Twitter. As of the end of 2021, BlackRock also had about $10 trillion worth of assets under management. 

5. State Street Corp. – 4.5% ($36.4 Million)

State Street Corp. is an institutional investment services provider and is in the fifth position in the list of top investors on Twitter. They offer a wide variety of services under investment management which also comprises services of securities custody for the institutional clients. Their investment assets as of the end of 2021 were about $4.1 trillion. 

Jack Dorsey, who is the founder of Twitter, is still not in the top 5 list of Twitter shareholders. The investors who hold shares of 5% or more of a company have the right to become active investors. Elon Musk, who is at the top of the shareholders’ list of Twitter, has filed for his position as an active investor. This means that he will have direct control over the company’s regulations. 

Also, have a look at Elon Musk Against Anti Aging Research | Why Elon Musk Doesn’t Wish Humans To Live Longer

Does Elon Musk Own Twitter?

Does Elon Musk Own Twitter

Tesla’s chief executive Elon Musk has overtaken all the other shareholders of Twitter. Although, Musk is now holding the largest shares of Twitter, the owner of Twitter is still Jack Dorsey.

Elon Musk has been seen tweeting about the limitations on freedom of speech on Twitter, saying that Twitter is not adhering to the principle of free speech. He also gave an idea about the need for a new social media platform. It was completely unpredictable that Elon Musk will suddenly buy Twitter’s shares as soon as the shares go down in the market. 

Even if Elon Musk is not the CEO of Twitter, he has the most ownership over Twitter’s shares. This probably gives him the power to make alterations on this platform. 

As Elon Musk has already taken up this many shares of Twitter, there are chances that in the near future, Musk will try for a monopoly over the platform. 

Also, read NFTs Stolen From Twitter | Major Phishing Attack In Metaverse

Wrap Up

Most popular personalities use Twitter as a platform to share their opinions or any updates. This has made Twitter a highly profitable platform, that is why most of the top companies and wealthy people prefer taking up Twitter’s shares. 

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FAQs

Is It Good To Invest On Twitter?

It can prove a lot beneficial for one to make investments in Twitter by taking up its shares. Twitter generates revenue in billions of dollars and a partnership with such a company will never get you any loss. 

Who Is The CEO Of Twitter?

Since 2021, Parag Agarwal, an American-Indian, has taken over the position of CEO of Twitter. 

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