Elon Musk becomes Twitter’s largest shareholder

[{"selector":"#anim-e2a79dbb-c8b1-44fd-b24a-b302d0d46e08","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] When Elon Musk mulled taking Tesla private in 2018, he posted on Twitter to tell the world about it. When he got stuck in traffic in 2016, When Elon Musk mulled taking Tesla private in 2018, he posted on Twitter to tell the world about it. When he got stuck in traffic in 2016,

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[{"selector":"#anim-c9cc2e28-ee4a-45e8-8b71-3aff93be6e2c","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] On Monday, a regulatory filing with the Securities and Exchange Commission revealed that Mr. Musk, the billionaire chief executive of Tesla and SpaceX On Monday, a regulatory filing with the Securities and Exchange Commission revealed that Mr. Musk, the billionaire chief executive of Tesla and SpaceX

[{"selector":"#anim-e7b439e5-dec6-458b-bf7f-eca3c1438584","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] and the world’s wealthiest person, had bought a 9.2 percent stake in Twitter, the social media platform where he has over 80 million followers. and the world’s wealthiest person, had bought a 9.2 percent stake in Twitter, the social media platform where he has over 80 million followers.

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[{"selector":"#anim-701baec6-22e3-4d18-b8ac-a04a91bdc4d1","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Mr. Musk’s Twitter investment, which he has been accumulating since at least last month, was worth about $2.89 billion based on the closing price of the company’s stock on Friday. Mr. Musk’s Twitter investment, which he has been accumulating since at least last month, was worth about $2.89 billion based on the closing price of the company’s stock on Friday.

[{"selector":"#anim-c7755017-b4f3-4390-b13d-375a794762cf","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Monday, after news of his buy-in sent Twitter’s share price soaring more than 27 percent, it was worth about $3.7 billion. The shares are a fraction of Mr. Musk’s reported $270 billion-plus net worth. Monday, after news of his buy-in sent Twitter’s share price soaring more than 27 percent, it was worth about $3.7 billion. The shares are a fraction of Mr. Musk’s reported $270 billion-plus net worth.

[{"selector":"#anim-8acd5994-a4fa-4c94-9226-8527f770a212","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] “Oh hi lol” he tweeted on Monday without elaborating after news of his investment had spread across Twitter. Mr. Musk, 50, did not respond to a request for comment. Twitter declined to comment. “Oh hi lol” he tweeted on Monday without elaborating after news of his investment had spread across Twitter. Mr. Musk, 50, did not respond to a request for comment. Twitter declined to comment.