Apr 10, 2022
Elon Musk now owns 9.2% of Twitter, paying $3 billion for his shares
Posted by Gemechu Taye in category: Elon Musk
The prolific Twitter user knows from experience what might be the best for the social media platform.
Elon Musk bought 73,486,938 Twitter shares on March 14, amounting to a 9.2 percent stake in Twitter, a U.S. Securities and Exchange Commission (SEC) filing reveals.
The stake makes Elon Musk one of Twitter’s largest shareholders as he now owns more than four times Twitter founder Jack Dorsey’s holding of 2.25 percent, according to the BBC.
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