Elon Musk’s Response to Inquiries on SBF’s Twitter Stake
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- Semafor mentioned on Twitter that SBF owns a share of 100 million dollars.
- Musk immediately responded “Flat wrong” to the query.
According to Semaphore, Sami is said to be in contact with Twitter. The publication mentioned that Sam owns a $100 million stake in the social media microblogging business. Twitter chief Elon Musk disputes this statement.
No. He may have owned stock in Twitter as a public company, but he certainly doesn’t own stock in Twitter as a private company.
– Elon Musk (@elonmusk) November 23, 2022
Twitter, the social media platform, is undergoing several changes. Post Musk’s accusation on Twitter by the end of October, the company has hit the news floor frequently. Be it a massive layoff, achieving the highest daily user record, parody accounts references and so on.
Looking at the crypto market, FTX and its former CEO Sam Bankman-Fried were inescapable throughout the month. The collapse of the FTX company and snowball disasters shattered the entire crypto industry.
Controversy over the Twitter Stake
Semafor, a news publication ostensibly owned by SBF, has published an article based on an anonymous text. And Twitter users are raising questions about the message and the contract in that message. Musk immediately responded “Flat wrong” to the query.
“I didn’t take the money. SBF/FTX doesn’t own Twitter shares. On the other hand, @semafor *took* SBF’s money and @semaforben won’t reveal how much SBF owns them.”
At the same time, Musk also questions the credibility of the news portal together with its editor-in-chief and editors. Semafor’s ownership and investor shares cause “conflicts of interest”.