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Elon Musk invests roughly $2.89 billion in Twitter
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Elon Musk invests roughly $2.89 billion in Twitter

Elon Musk buys 9% stake in Twitter. Musk is Twitter’s largest stakeholder.

Where: US

The Facts

Tesla owner Elon Musk has taken a 9.2% stake in Twitter.
Having accumulated over 3,486,938 Twitter shares worth $2.89 billion, Musk now stands as Twitter’s largest stakeholder.
Twitter founder Jack Dorsey holds a 2.25% stake in the microblogging platform.
Late last month, Musk replied to a tweet asking him if he would consider building a new social media platform, responding that he was giving it “serious thought.”
Musk had previously criticized Twitter for “failing to adhere to free speech principles,” and “fundamentally undermin(ing) democracy.”

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