Social media erupted on Monday night after Tesla billionaire Elon Musk posted his first words since revealing a 9.2% stake in the social media platform — and it was a request for whether or not people would like an edit button on their source.
Musk made headlines again on Monday after announcing that he had acquired a large chunk of Twitter (TWTR) – Get the Twitter Inc. Reportsparking a rally in the stock, which rose more than 27% to end at $49.97 per share at the close of trade.
The tech brain behind The Boring Company and SpaceX now becomes Twitter’s largest shareholder, with a stake more than triple that of Twitter founder and former CEO Jack Dorsey.
The world was quick to react to Musk’s real-time management of his latest company, with equal parts reacting to the idea of the Twitter edit and the fact that Musk appeared to be “playing Monopoly in real life.”
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Other reactions ran the gamut from amused to worried, while others just wanted to weigh in with some advice they thought might be helpful for Twitter’s biggest new stakeholder.
There were also immediately loud and specific calls from users asking Musk to reinstate former President Donald Trump’s account.
Trump was banned after the site said he had broken its guidelines by inciting violence during the January 6, 2021 uprising at the US Capitol. Trump’s attempt to launch his own social media company appears to be faltering as downloads of the app have dwindled and top executives have jumped ship. Shares of Digital World Acquisition DWAC, the SPAC that plans to merge with Trump’s media company, fell 10% on Monday after the disclosure of Musk’s stake on Twitter.
Others simply had suggestions for which tech media company Musk should take over next after he finishes building Twitter.
