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Elon Musk's Investment is Sending TWTR Shares Soaring
April 4, 2022
Twitter shares are on track for the largest single-day gain in company history after it was disclosed that Elon Musk is now the largest shareholder, with a 9.2% stake.
This move comes after Musk publicly questioned Twitter's support of free speech on its platform.
![](https://b2645873.smushcdn.com/2645873/wp-content/uploads/2022/04/Elon_Tweet1.png?lossy=1&strip=1&webp=1)
LikeFolio data suggests Musk's concerns aren't an anomaly. Consumers are increasingly concerned about censorship and account banning on social media platforms across the board.
![](https://b2645873.smushcdn.com/2645873/wp-content/uploads/2022/04/SocialMediaConcern-1024x505.png?lossy=1&strip=1&webp=1)
Mentions indicating disapproval, worry, and fear related to censorship on all social media platforms have increased by +150% YoY.