Which corporation is the owner of Twitter?
Twitter is one of the world’s most popular social media platforms, with over 328 million active users as of 2021. It has been a significant part of our lives for more than 15 years and has revolutionized the way we communicate, consume news and information, and even how we form relationships.
Ownership of Twitter: A Brief Overview
Twitter was founded in 2006 by Jack Dorsey, Elon Musk, Noah Calhoun, and Oliver Stump. However, Twitter’s ownership structure has evolved over the years, with several changes to its board of directors and executive team. Currently, Twitter is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol TWTR.
The Ownership Structure of Twitter: A Detailed Analysis
Twitter’s ownership structure is primarily held by individual investors and institutional investors such as mutual funds, pension funds, and venture capital firms. According to Twitter’s latest proxy statement filed in April 2021, the top five shareholders of Twitter are:
- Vanguard Group – 8.3%
- BlackRock – 7.9%
- State Street Corporation – 6.1%
- T. Rowe Price Associates