Top tech analyst Dan Ives said Monday morning that Tesla CEO <a href="https://www.dailywire.com/shop/products/elon-musk-tweet-t-shirt">Elon Musk&#8217;s</a> big share-buy of Twitter Inc. is &#8220;just the appetizer&#8221; of what&#8217;s to come from Musk taking on the social media platform.
Twitter shares <a href="https://www.bloomberg.com/news/articles/2022-04-04/musk-takes-9-2-stake-in-twitter-after-questioning-platform">surged</a> on Monday after a regulator filing was released and showed the entrepreneur became the platform&#8217;s largest shareholder, taking a 9.2% stake in Twitter Inc.
&#8220;Musk could try to take a more aggressive stance here, on Twitter,&#8221; Ives told CNBC&#8217;s Squawk Box. &#8220;This eventually could lead to some sort of buyout.&#8221;
&#8220;It&#8217;s no surprise that he wanted to do something on social media, and this is really him not just talking to the talk, but walking the walk,&#8221; the analysts added, referring to recent noise Musk has made about Twitter&#8217;s anti-free speech position.
“This is just a starter &#8230; Musk is not gonna do this just to take a passive stake,&#8221; Ives asserted. &#8220;He’s gonna ultimately try to either really change Twitter in terms of a more active stake or eventually, could lead to a buyout.&#8221;
WATCH:
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Wedbush’s Dan Ives: “This is just a starter, <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@ElonMusk</a> is not gonna do this just to take a passive stake. He’s gonna ultimately try to either really change Twitter in terms of a more active stake or eventually it could lead to a buyout,” 🐦 <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> <a href="https://twitter.com/search?q=%24TWTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TWTR</a> <a href="https://t.co/RUNenfjkuY">pic.twitter.com/RUNenfjkuY</a>
&mdash; Tesla New York (@TeslaNY) <a href="https://twitter.com/TeslaNY/status/1510966912062267399?ref_src=twsrc%5Etfw">April 4, 2022</a></blockquote>
&#8220;This morning Elon Musk revealed he now owns a 9.2% passive stake in Twitter,&#8221; Ives also tweeted. &#8220;We would expect this passive stake as just the start of broader conversations with the Twitter board/management that could ultimately lead to an active stake; more aggressive ownership role of Twitter.&#8221;
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
This morning Elon Musk revealed he now owns a 9.2% passive stake in Twitter. We would expect this passive stake as just the start of broader conversations with the Twitter board/management that could ultimately lead to an active stake; more aggressive ownership role of Twitter
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1510939931232903170?ref_src=twsrc%5Etfw">April 4, 2022</a></blockquote>
To Yahoo Finance, the analyst said this latest move from the Tesla CEO is &#8220;just the appetizer&#8221; of what&#8217;s to come, adding that Musk is &#8220;likely to increase it and have more a voice.&#8221;
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Dan Ives tells <a href="https://twitter.com/YahooFinance?ref_src=twsrc%5Etfw">@YahooFinance</a> Musk&#39;s Twitter stake &quot;is just the appetizer&quot; &#8212; he&#39;s likely to increase it and have more a voice. <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> <a href="https://twitter.com/search?q=%24TWTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TWTR</a>
&mdash; Julie Hyman (@juleshyman) <a href="https://twitter.com/juleshyman/status/1510969994703785984?ref_src=twsrc%5Etfw">April 4, 2022</a></blockquote>
Musk teased a shakeup at Twitter, or possible plans to build a new social media platform that promotes free speech, last month.
For example, he asked his followers to vote in a poll about free speech and Twitter&#8217;s adherence to it, emphasizing that the &#8220;consequences of this poll will be important.&#8221;
&#8220;Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?&#8221; the 50-year-old asked. &#8220;The consequences of this poll will be important. Please vote carefully.&#8221;
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
The consequences of this poll will be important. Please vote carefully.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1507272763597373461?ref_src=twsrc%5Etfw">March 25, 2022</a></blockquote>
When the poll came back to show that more than 70% of the 2,000,000-plus who voted answered &#8220;No,&#8221; Musk teased creating a new platform of his own.
&#8220;Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?&#8221; he asked, following up, &#8220;Is a new platform needed?&#8221;
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Is a new platform needed?
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1507777913042571267?ref_src=twsrc%5Etfw">March 26, 2022</a></blockquote>
The next day, the entrepreneur said he was giving &#8220;serious thought&#8221; to building a new platform with &#8220;an open source algorithm,&#8221; promoting free speech.
“Would you consider building a new social media platform, [Elon Musk]?” one Twitter user asked. &#8220;One that would consist an open source algorithm, one where free speech and adhering to free speech is given top priority, one where propaganda is very minimal. I think that kind of a platform is needed.”
“Am giving serious thought to this,&#8221; Musk responded.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Am giving serious thought to this
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1507907130124222471?ref_src=twsrc%5Etfw">March 27, 2022</a></blockquote>
&nbsp;
Related: <a href="https://www.dailywire.com/news/elon-musk-reveals-what-type-of-social-media-platform-he-is-giving-serious-thought-to-creating">Elon Musk Reveals What Type Of Social Media Platform He Is Giving ‘Serious Thought To’ Creating</a>
Related: <a href="https://www.dailywire.com/news/doesnt-sound-very-balanced-elon-musk-hints-he-may-launch-new-platform-to-take-on-twitter">‘Doesn’t Sound Very Balanced’: Elon Musk Hints He May Launch ‘New Platform’ To Take On Twitter</a>
Related: <a href="https://www.dailywire.com/news/peace-peace-i-hate-the-word-elon-musk-slams-useless-pacifist-virtue-signaling">‘Peace. Peace? I Hate The Word’: Elon Musk Slams Useless Pacifist Virtue Signaling</a>

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‘Just The Appetizer’: Top Tech Analyst Talks Musk Taking On Twitter Following Big Share Buy