Elon Musk Buys Huge Stake in His Favorite Cursed Toy, Twitter

Overall, the poll received a little over two million replies, with 70.4% voting “no” and 29.6% voting “yes.”

In response to the vote, on March 26 Musk tweeted that “failing to adhere to free speech principles fundamentally undermines democracy.” He then asked his followers what they believed should be done in the situation and whether a new platform was needed.

Considering Musk’s obsession with Twitter — which he keeps using even though it routinely gets him into trouble and makes him fork over millions for bad behavior — the purchase isn’t exactly surprising. What will be interesting, however, is what Musk decides to do with his shares.

According to Bloomberg, the type of filing used to report Musk’s purchase, known as the 13G, indicates that the buyer isn’t planning to carry out a company takeover or have a say in who leads it. Analysts who spoke to CNBC acknowledged that the purchase is a “passive stake,” but speculated that Musk taking a more aggressive stance in this case would also make sense given his recent comments.