True, but I'm not sure that it matters. Elon's stake is large enough that the hostile takeover is still in play - he can destroy the value in a dump, instill fear in other investors with the THREAT of dumping, and buy up more at a discount... all sorts of things. And we know that he's willing to bend the rules on manipulating stock price and pay the penalty with the SEC - he's had to do that a couple of times, I believe.

So he's really in the drivers seat here, from what I can tell. It will be interesting to see if we get a decision from the board today on whether they will accept the offer or go against the above-price offer.

I thin the statement was: "Largest single shareholder" as opposed to a combined/group investment vehicle... a corporation is technically a single entity but also a proxy for the shareholders.... but Vanguard, as a investment manager may have purchased share through a number of funds representing hundreds of thousands of individual investors....

Twitter is FUCKED no matter what it does. Sell and he owns it and the salt flow will be massive, Don't sell (not in the share holders best interest) and he implodes the stock back to the stone age and then buys it from the burning dumpster for cheap and then takes over the company. Twitter is his bitch.

Terry did that the very next day after his initial purchase

One more percent from Elon and HE's back at the top. And on and on...