Elon Musk just became Twitter's largest shareholder
Elon Musk just became Twitter's largest shareholder
Elon Musk, the CEO of Tesla, has purchased a 9% share in Twitter, making him the social media platform's largest stakeholder
Elon Musk, the CEO of Tesla, has purchased a 9% share in Twitter, making him the social media platform's largest stakeholder
Making him the social media platform's largest stakeholder
Making him the social media platform's largest stakeholder
The eventual goal of Musk's 73.5 million share buy, valued at $2.9 billion at Friday's closing price, remains unclear
The eventual goal of Musk's 73.5 million share buy, valued at $2.9 billion at Friday's closing price, remains unclear
However, Musk has 80 million Twitter followers and frequently tweets,
However, Musk has 80 million Twitter followers and frequently tweets,
Musk has recently questioned Twitter's free speech and if the network is hurting democracy.
Musk has recently questioned Twitter's free speech and if the network is hurting democracy.
Before the opening bell on Monday, Twitter's stock jumped 27%. Currently Twitter share price is 49.97 USD
Before the opening bell on Monday, Twitter's stock jumped 27%. Currently Twitter share price is 49.97 USD
Musk's disclosure regarding his Twitter stock came just two days after Tesla Inc. released its first-quarter delivery figures.
Musk's disclosure regarding his Twitter stock came just two days after Tesla Inc. released its first-quarter delivery figures.
The regulatory filing Monday describes Musk as a long-term investor looking to minimize his buying and selling of the shares.
The regulatory filing Monday describes Musk as a long-term investor looking to minimize his buying and selling of the shares.
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