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DeSantis Mulls Using Florida's Stock to Pressure Twitter on Elon Musk

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During a press conference Tuesday, the Florida governor brought up Musk attempting to purchase the social media platform.
Florida Governor Ron DeSantis says the state may get involved in billionaire Elon Musk ‘s attempt to buy Twitter. DeSantis, during a Tuesday press conference for the signing of a bill designed to improve accountability for higher education in the state, made the comments that Florida may pursue some type of action when it comes to Musk’s attempt to buy the social media site. This comes after Musk offered to buy 100 percent of the popular platform, offering more than $40 billion. However, in response to Musk’s offer, Twitter adopted the « poison pill. » After signing the bill into law, DeSantis, without being prompted, brought up Musk’s attempt to buy the platform. He mentioned that the State of Florida, through their pension system, does own shares of the tech company and indicated some moves from the state against Twitter may be forthcoming. « I can just tell you, the State of Florida, in our pension system, we have shares of Twitter. I didn’t buy it, we have people that run the fund. Nevertheless, it hasn’t exactly been great on returns on investment. It’s been pretty stagnant for many, many years. So, nevertheless, to me, I think that’s probably an injury to the fund.

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