Published 1 year ago

Elon Musk Buys Large Stake In Twitter, Sending Stock Soaring

Summary by Ground News

Musk's stake in Twitter is considered a passive investment, which means Musk is a long-term investor that's looking to minimize his buying and selling of the shares. In recent weeks, Musk has raised questions about free speech on Twitter and whether failing to adhere to its basic principles undermines democracy. Musk has also pondered starting up a rival social media network.

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Times of India

Elon Musk holds 9.2% stake in Twitter, shows SEC filing

This comes days after Musk said he is giving “serious thought” to building a new social media platform. Earlier, Musk had put out a tweet asking users if they believe Twitter adheres to the principle of free speech.

1 year ago·India

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BBC News

Elon Musk becomes Twitter's biggest shareholder

Tesla boss Elon Musk has bought almost a tenth of the social media platform's shares, worth $3bn.

1 year ago·United Kingdom

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News18 India

Elon Musk Takes 9% Stake in Twitter, Becomes Top Shareholder In The Platform

Tesla Inc top boss Elon Musk revealed a 9.2% stake in Twitter Inc on Monday, likely making him the biggest shareholder in the microblogging site and triggering a 23% rise in its shares.

1 year ago·India

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The Guardian

Elon Musk buys $2.9bn stake in Twitter to become biggest shareholder

Platform’s shares jump after news that Tesla and SpaceX boss holds 9.2% stake

1 year ago·London, United Kingdom

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The Hindu

Elon Musk takes 9.2% stake in Twitter

Musk said that he was “giving serious thought" to creating a new social media platform

1 year ago·India

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Reuters

Musk takes 9% stake in Twitter to become top shareholder, starts poll on edit button

Tesla Inc boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc , worth nearly $3 billion, making him the micro-blogging site's largest shareholder and triggering a rise of more than 27% in the company's shares.

1 year ago·United Kingdom

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