Elon Musk Says Will Try His Best to Retain Twitter Shareholders’ Stake in New Private Company

CEO and chief engineer at SpaceX Elon Musk arrives for the 2022 Met Gala at the Metropolitan Museum of Art in New York on May 2, 2022. Angela Weiss/AFP via Getty Images

Elon Musk’s offer to take Twitter Inc. private has stirred apprehensions all around. Twitter users are worried about whether they can operate on the platform without being abused and bullied for holding differing opinions, while shareholders are worried about whether they would be adequately compensated for the stake they hold in the company.

What Happened

Allaying some of the doubts, Musk suggested he will do his best to allow those wanting to keep their Twitter holding in the new private company. He was responding to a tweet by Ross Gerber, co-founder of Gerber Kawasaki Wealth and Investment Management, tagging him.