You presume Vanguard missed their filing deadline. They already owned 8.8% before Musk bought his stake. So it’s only a 2% increase. And unlike Musk, Vanguard (who manages my 401k program) isn’t missing filing deadlines or other fiduciary duties, nor are they pushing/pulling companies they invest in. It’s a passive index fund. They buy/sell stocks and bonds, that’s it. Very different type of entity.
That said, I’ll need to check my Vanguard plan and make sure I’m not invested in this twitter fucking nonsense. There’s a wide selection of plans to choose from, and I suspect the twitter stocks fall into one of the ones I probably avoided.
