![]() ![]() To learn more about 13G filers, view our previous Coffee & Regs post on the topic. Musk did file a Schedule 13D dated April 5 th, stating in that filing that his written agreement to become a Twitter Board member took place on April 4 th (the implication being that his status as an active investor arose on that date and not before). Generally under SEC rules, an active investor surpassing 5% must instead file a more comprehensive Schedule 13D form, due 10 days after exceeding the 5% threshold. That’s because his “Passive Investor” eligibility has been called into question, based on his apparent negotiations for a seat on Twitter’s Board as well as public comments about Twitter’s policies. In addition, Musk’s 5%+ stake may have required filing a different filing form according to some. During Elon Musks contentious attempt to acquire Twitter, former CEO and co-founder of the birdsite Jack Dorsey told the Tesla CEO that the microblogging platform should be based on an 'open source protocol, funded by a foundation.' The suggestion was unearthed as part of the legal discovery. While it remains to be seen what fine the SEC may impose upon Musk, who’s stake in Twitter currently stands at 9.2%, it has been observed that Musk may have greatly benefitted financially from his filing delay, given his continuing purchases of Twitter stock before his filing (a public disclosure which sent Twitter share prices sharply higher). Musk checked the box “Rule 13d-1(c)”, which denotes “Passive Investor” eligibility and triggers a filing deadline of 10 days after surpassing 5% (in other words, a deadline of March 24 th). ![]() The “Technoking and Chief Executive Officer of Tesla”, who on March 14 th surpassed a 5 % ownership threshold in the social media platform Twitter according to his Schedule 13G filing dated April 4 th, appears to have made that filing late. ![]() Elon musk signal free#Musk posted the image with the caption: "New emoji! Last one comes with free phone hack." The "last one" happened to be the WhatsApp version of the robotic arm emoji.Ĭreating history, Tesla and SpaceX CEO Musk, who had once decided to sell off Tesla owing to poor results, became the richest person on the planet on Thursday, going past Amazon Founder Jeff Bezos on Bloomberg Billionaires Index, a ranking of the world's 500 wealthiest people.To Elon Musk: there’s an app for that. Last year, taking a dig at WhatsApp over repeated users' privacy violation amid security vulnerabilities, Musk took to Twitter with a meme, showing various ‘mechanical arm' emojis representing Apple, Google, Microsoft, Samsung and WhatsApp respectively. Thanks to all of the carriers who flipped the right switches so that people can keep switching," it further said. "Everyone should be able to register without delay again. We are working with carriers to resolve this as quickly as possible. ![]() "Verification codes are currently delayed across several providers because so many new people are trying to join Signal right now (we can barely register our excitement). Signal then saw a flood of new users attempting to sign in. "This is called the domino effect," Musk said in a tweet.Ī vocal critic of Facebook-owned WhatsApp, he added: "Use Signal". Elon musk signal series#The tweet posted an image of a series of ever-larger dominos, juxtaposed the start of Facebook on the Harvard University campus, all the way into becoming a platform that helped facilitate the attack on Capitol Hill. Musk tweeted a meme late on Thursday, criticising Facebook for its inability to stop Capitol chaos going viral. Encrypted messaging app Signal saw a significant surge in new users signing up for its platform after the worlds richest person on planet, Elon Musk, tweeted to his 41.5 million followers to use Signal and apparently shun WhatsApp. ![]()
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